Atlanta Neuroscience Institute Inc

Analysis

Atlanta Neuroscience Institute Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2003, 23 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, Atlanta Neuroscience Institute Inc reported income of $12.4m and spending of $10.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.5m to $12.4m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Atlanta Neuroscience Institute Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Coastal Bend Blood Center ($12.3m), Partnership Health Center Inc ($12.4m) and Holy Name Health Care Foundation Inc ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $2.4m (24% of expenses). At year end it held assets of $18.7m against liabilities of $5.2m, net assets of $13.5m. It reported 63 employees.