Collagen 6 Research Charity Inc

Analysis

Collagen 6 Research Charity Inc is a registered charity in United States, based in Westport, MA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover medical research, 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, Collagen 6 Research Charity Inc reported income of $103k and spending of $7,160, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $103k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 5.3% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Collagen 6 Research Charity Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include United Spinal Association Inc ($103k), Sri Shankara Cancer Foundation USA ($103k) and Declare Therapy Center LLC ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.