The Niekro Aneurysm and Avm Foundation

Analysis

The Niekro Aneurysm and Avm Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 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, The Niekro Aneurysm and Avm Foundation reported income of $323k and spending of $245k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $382k to $323k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Niekro Aneurysm and Avm Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Lotus Recovery Homes ($323k), Alternating Hemiplegia of Childhood Foundation Inc ($323k) and Brain Injury Association of Ohio Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 130% of the total. Compensation of current officers, directors and key employees was $85k (35% of expenses). Other salaries and wages came to $38k. At year end it held assets of $237k against liabilities of $5,058, net assets of $232k. It reported 2 employees.