Myasthenia Gravis Foundation of California

Analysis

Myasthenia Gravis Foundation of California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Myasthenia Gravis Foundation of California reported income of $134k and spending of $122k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $134k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Myasthenia Gravis Foundation of California sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Windows of Heaven Community Development Center ($134k), Northview Developmental Services Inc ($134k) and Morongo Basin Youth Soccer Association Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.3m against liabilities of $200k, net assets of $1.1m. It reported 2 employees.