Brown Neurology

Analysis

Brown Neurology is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 1991, 35 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Brown Neurology reported income of $43.0m and spending of $43.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $29.3m to $43.0m (+47%), an average of +10% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brown Neurology sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within RI. Charities of a similar size with the same main cause include Pillar Care Continuum Inc ($43.0m), Delaware Valley Hospital Inc ($43.1m) and Great River Health System Inc ($43.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.8m (6.5% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $15.1m against liabilities of $8.2m, net assets of $6.8m. It reported 91 employees.