National Alliance for Research on Schizophrenia and Depression Inc

Analysis

National Alliance for Research on Schizophrenia and Depression Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Alliance for Research on Schizophrenia and Depression Inc reported income of $21.7m and spending of $14.5m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.1m to $21.7m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Alliance for Research on Schizophrenia and Depression Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Red River Human Services Foundation ($21.6m), Family Y Young Mens Christian Assoc-Ywca of the Csra Inc ($21.7m) and The Executive Leadership Council Inc ($21.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $1.0m (7.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $53.1m against liabilities of $16.0m, net assets of $37.1m. It reported 12 employees.