Iberoamerican Society of Neonatology Inc

Analysis

Iberoamerican Society of Neonatology Inc is a registered charity in United States, based in Wellington, FL. It received its IRS tax-exemption ruling in February 2006, 20 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, Iberoamerican Society of Neonatology Inc reported income of $497k and spending of $400k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $497k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 204%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iberoamerican Society of Neonatology Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Aurora African American Health Coalition ($497k), Gadsden Community Health Council Inc ($497k) and United Suicide Survivors International ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $357k against liabilities of $0, net assets of $357k.