Neuro Challenge Foundation Inc

Analysis

Neuro Challenge Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in February 2009, 17 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 (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, Neuro Challenge Foundation Inc reported income of $781k and spending of $938k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $788k to $781k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neuro Challenge Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include 7 Springs Ministries ($781k), Choices Clinics Inc ($781k) and Sedan Area Emergency Medical Service District 2 Inc ($781k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $117k (13% of expenses). Other salaries and wages came to $382k. At year end it held assets of $508k against liabilities of $25k, net assets of $483k. It reported 13 employees.