Peripheral Nerve Society
Analysis
Peripheral Nerve Society is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in May 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Peripheral Nerve Society reported income of $1.8m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.8m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 68% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peripheral Nerve Society sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Mali Wellness Foundation ($1.8m), Mental Health Foundation ($1.8m) and Sumaira Foundation ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 84% of the total. At year end it held assets of $7.1m against liabilities of $135k, net assets of $7.0m.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 84%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mali Wellness Foundation | Provo | $1.8m |
| Mental Health Foundation | Vancouver | $1.8m |
| Sumaira Foundation | Somerville | $1.8m |
| McGregor Memorial Ambulance Inc | Durham | $1.8m |