Brain Aneurysm Foundation Incorporated

Analysis

Brain Aneurysm Foundation Incorporated is a registered charity in United States, based in Hanover, MA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover health care, 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 December 2023, Brain Aneurysm Foundation Incorporated reported income of $1.7m and spending of $2.2m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.7m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brain Aneurysm Foundation Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Real Options for Women ($1.7m), Baptist Health Foundation Lexington Inc ($1.7m) and CPT Institute Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $156k (7.1% of expenses). At year end it held assets of $2.2m against liabilities of $208k, net assets of $2.0m. It reported 10 employees.