Neurohope of Indiana Inc

Analysis

Neurohope of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover health care, 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, Neurohope of Indiana Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $1.6m (+168%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neurohope of Indiana Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Genesis Therapy Center ($1.6m), International Nursing Assoc for Clinical Simulation & Learning Inc ($1.6m) and St Lukes Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $90k (5.7% of expenses). Other salaries and wages came to $966k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 20 employees.