Amyotrophic Lateral Sclerosis Association

Analysis

Amyotrophic Lateral Sclerosis Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2022, Amyotrophic Lateral Sclerosis Association reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 3 years on record, from January 2020 to January 2022, income grew from $1.1m to $1.2m (+4.6%), an average of +2.3% a year. The sharpest change came in the year to January 2022, when income rose by 73%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amyotrophic Lateral Sclerosis Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Jack Hall Kona Memorial ($1.2m), Ursuline Foundation ($1.2m) and Race to Erase Ms ($1.2m).

On its Form 990 for the period ending January 2022, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $109k (10% of expenses). Other salaries and wages came to $396k. At year end it held assets of $1.0m against liabilities of $6,506, net assets of $1.0m. It reported 10 employees.