Neuroscience Centers of Florida Foundation Inc

Analysis

Neuroscience Centers of Florida Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2010, 16 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 June 2023, Neuroscience Centers of Florida Foundation Inc reported income of $2.5m and spending of $2.0m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.5m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neuroscience Centers of Florida Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Multi-Lingual Counseling Inc ($2.5m), Christian Alcoholics & Addicts in Recovery Inc ($2.5m) and New York Center for Living ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 21% of the total. Other salaries and wages came to $810k. At year end it held assets of $2.9m against liabilities of $335k, net assets of $2.6m. It reported 9 employees.