The Foundation for Peripheral Neuropathy

Analysis

The Foundation for Peripheral Neuropathy is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in April 2016, 10 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 (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, The Foundation for Peripheral Neuropathy reported income of $948k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $907k to $948k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Foundation for Peripheral Neuropathy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Alcohol-Drug Council of North Carolina ($948k), Osteopathic Founders Foundation ($948k) and Myally Health ($947k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $144k (12% of expenses). Other salaries and wages came to $261k. At year end it held assets of $1.7m against liabilities of $3,201, net assets of $1.7m. It reported 5 employees.