Boston Pediatric Neurosurgical Foundation Inc

Analysis

Boston Pediatric Neurosurgical Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 1992, 34 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Boston Pediatric Neurosurgical Foundation Inc reported income of $17.6m and spending of $19.9m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.4m to $17.6m (+42%), an average of +9.2% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boston Pediatric Neurosurgical Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include National Federation of the Blind Inc ($17.6m), Milton and Hattie Kutz Home Inc ($17.6m) and Corewell Health ($17.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $10.7m (54% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $21.0m against liabilities of $9.2m, net assets of $11.9m. It reported 10 employees.