American Brain Coalition

Analysis

American Brain Coalition is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in October 2010, 16 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 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, American Brain Coalition reported income of $406k and spending of $394k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $406k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Brain Coalition 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 66th percentile within MN. Charities of a similar size with the same main cause include Southwest Health Foundation ($406k), Everly Project ($406k) and Morgan Hoffmann Foundation ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $110k (28% of expenses). Other salaries and wages came to $69k. At year end it held assets of $627k against liabilities of $47k, net assets of $580k. It reported 4 employees.