Pediatric Hydrocephalus Foundation Inc

Analysis

Pediatric Hydrocephalus Foundation Inc is a registered charity in United States, based in Woodbridge, NJ. It received its IRS tax-exemption ruling in October 2009, 17 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, Pediatric Hydrocephalus Foundation Inc reported income of $176k and spending of $295k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $347k to $176k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pediatric Hydrocephalus Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Check by 7 Inc ($176k), Community Cancer Services Inc ($176k) and Alternative Home Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $29k (9.8% of expenses). At year end it held assets of $333k against liabilities of $3,471, net assets of $330k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.