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American Society for Peripheral Nerve

RegisteredEIN 43-1746236Beverly, MAHealth and saving lives
Income$358k2023-12
Spending$322ksame year
Spent / received90%5-year average
Size in its cause50th pctHealth and saving lives
Exempt since2019Publicly supported organisat
Employees0latest return

Analysis

American Society for Peripheral Nerve is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover medical research, 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 Society for Peripheral Nerve reported income of $358k and spending of $322k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $358k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Society for Peripheral Nerve sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Lettuce Work Foundation Inc ($358k), Foregen ($358k) and Virgin Islands Association of Independent Living Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 88% of the total. At year end it held assets of $698k against liabilities of $159k, net assets of $539k.

Income and spending

$0$89k$179k$268k$358k2019 Income: $260,9752019 Spending: $224,34320192020 Income: $275,5012020 Spending: $220,04120202021 Income: $134,9082021 Spending: $86,51120212022 Income: $254,4312022 Spending: $299,67720222023 Income: $357,6732023 Spending: $322,4762023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.4%
  • Program services 88%
  • Other 4.0%

Similar-sized charities, same cause

CharityLocationIncome
Lettuce Work Foundation IncNew Albany$358k
ForegenConcord$358k
Virgin Islands Association of Independent Living IncSt Thomas$358k
Healing House and New BeginningsJefferson Cty$358k