Team MB - Hunt for the Cure a NJ Nonprofit Corporation

Analysis

Team MB - Hunt for the Cure a NJ Nonprofit Corporation is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Team MB - Hunt for the Cure a NJ Nonprofit Corporation reported income of $58k and spending of $3,468, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $58k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 6.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team MB - Hunt for the Cure a NJ Nonprofit Corporation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Intergrupal Hispana Inc ($58k), Caribbean Neurosurgery Foundation ($58k) and Care 4 U Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.