Musculoskeletal Tumor Society

Analysis

Musculoskeletal Tumor Society is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in January 1995, 31 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, Musculoskeletal Tumor Society reported income of $931k and spending of $846k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $629k to $931k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Musculoskeletal Tumor Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Pali Momi Foundation ($930k), Lemons of Love Inc ($931k) and Seeds of Hope Inc ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $119k (14% of expenses). Other salaries and wages came to $198k. At year end it held assets of $2.0m against liabilities of $134k, net assets of $1.8m.