Neuability

Analysis

Neuability is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2009, 17 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, Neuability reported income of $640k and spending of $693k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $624k to $640k (+2.6%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neuability sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Idaa ($640k), Palmetto Promise Institute ($640k) and Optometric Extension Program Foundation Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $54k (7.8% of expenses). Other salaries and wages came to $242k. At year end it held assets of $260k against liabilities of $118k, net assets of $142k. It reported 10 employees.