Neuro-Optometric Rehabilitation Asc Inc

Analysis

Neuro-Optometric Rehabilitation Asc Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neuro-Optometric Rehabilitation Asc Inc reported income of $340k and spending of $414k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $340k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income rose by 81%. 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, Neuro-Optometric Rehabilitation Asc Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Accreditation for Cardiovascular Excellence Inc ($340k), Great Bay Regional Volunteer Emergency Medical Services Inc ($340k) and Ellenville Regional Hospital Foundation Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $84k (20% of expenses). At year end it held assets of $120k against liabilities of $577, net assets of $119k.