Brains Together for a Cure

Analysis

Brains Together for a Cure is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in December 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, Brains Together for a Cure reported income of $132k and spending of $125k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $132k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brains Together for a Cure sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include N of One ($132k), C H U M Therapeutic Riding Inc ($132k) and Univ of Oregon Health Sciences Dept of Anesthesias Research & Educat ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $553k against liabilities of $0, net assets of $553k.