Fitms Neurobalance Center NFP

Analysis

Fitms Neurobalance Center NFP is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in May 2011, 15 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, Fitms Neurobalance Center NFP reported income of $506k and spending of $888k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $745k to $506k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fitms Neurobalance Center NFP sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Frank and Barbara Broyles Legacy Foundation ($506k), Grifton Rescue Squad Inc ($506k) and Edge Foundation ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $248k (28% of expenses). Other salaries and wages came to $219k. At year end it held assets of $4.5m against liabilities of $55k, net assets of $4.4m. It reported 15 employees.