Acoustic Neuroma Association

Analysis

Acoustic Neuroma Association is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in November 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acoustic Neuroma Association reported income of $752k and spending of $680k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $752k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acoustic Neuroma Association sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Bridgeton Ems Inc ($752k), Hope Funds for Cancer Research ($752k) and Help a Diabetic Child Inc ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $138k (20% of expenses). Other salaries and wages came to $287k. It paid $2,137 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $67k, net assets of $1.2m. It reported 8 employees.