Neurofibromatosis Inc

Analysis

Neurofibromatosis Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in February 1990, 36 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Neurofibromatosis Inc reported income of $410k and spending of $488k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $673k to $410k (-39%), an average of -12% a year. The sharpest change came in the year to September 2021, when income rose by 97%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neurofibromatosis Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Lowell Association for the Blind ($410k), Align9 ($411k) and Tri County Rural Health Network Inc ($410k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $235k. At year end it held assets of $1.2m against liabilities of $17k, net assets of $1.2m. It reported 5 employees.