Nicu Parent Network Inc

Analysis

Nicu Parent Network Inc is a registered charity in United States, based in Lanesville, IN. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Nicu Parent Network Inc reported income of $161k and spending of $178k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $161k (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nicu Parent Network Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Society for Pediatric Radiology Research & Education Foundation ($161k), Angel Heart Farm Inc ($161k) and Legacy Center of Mount Airy ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $36k (20% of expenses). At year end it held assets of $23k against liabilities of $0, net assets of $23k. 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.