Epilepsy Institute

Analysis

Epilepsy Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1929, 97 years ago. 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 June 2023, Epilepsy Institute reported income of $1.7m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epilepsy Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include NW Housing Preservation Group ($1.7m), Willits Hallowell Center Inc ($1.7m) and Providence Connections Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $167k (9.2% of expenses). Other salaries and wages came to $819k. At year end it held assets of $547k against liabilities of $635k, net assets of -$88k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.