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American Academy of Neurology Institute

RegisteredEIN 41-0726167Minneapolis, MNHealth and saving lives
Income$39.4m2023-12
Spending$37.2msame year
Spent / received76%5-year average
Size in its cause92nd pctHealth and saving lives
Exempt since1953Publicly supported organisat
Employees0latest return

Analysis

American Academy of Neurology Institute is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1953, 73 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, American Academy of Neurology Institute reported income of $39.4m and spending of $37.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $45.4m to $39.4m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Academy of Neurology Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Columbus Neighborhood Health Center Inc ($39.3m), West Yavapai Guidance Clinic ($39.4m) and Northeast Montana Health Services Inc ($39.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 53% of the total. Other salaries and wages came to $7.3m. At year end it held assets of $132.8m against liabilities of $36.1m, net assets of $96.7m.

Income and spending

$0$12.5m$24.9m$37.4m$49.9m2019 Income: $45,367,8252019 Spending: $35,129,21820192020 Income: $33,877,6252020 Spending: $23,971,50020202021 Income: $49,864,5942021 Spending: $22,863,92920212022 Income: $37,851,2262022 Spending: $36,893,43620222023 Income: $39,379,8692023 Spending: $37,162,8182023
IncomeSpending

Where the income comes from

  • Contributions & grants 32%
  • Program services 53%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Columbus Neighborhood Health Center IncColumbus$39.3m
West Yavapai Guidance ClinicPrescott Valley$39.4m
Northeast Montana Health Services IncWolf Point$39.3m
Holcomb Associates IncExton$39.4m