Foundation for Brain Science and Immunology Inc

Analysis

Foundation for Brain Science and Immunology Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, 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, Foundation for Brain Science and Immunology Inc reported income of $103k and spending of $148k, spending 144% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $271k to $103k (-62%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Brain Science and Immunology Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Conquer Cancer Coalition of Ma Inc ($103k), Dream Catcher of LA Therapeutic Riding Centers ($103k) and Heguang Zen Retreat Center ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.