Buoniconti Fund to Cure Paralysis Inc

Analysis

Buoniconti Fund to Cure Paralysis Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1991, 35 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 May 2023, Buoniconti Fund to Cure Paralysis Inc reported income of $3.0m and spending of $4.1m, spending 138% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.9m to $3.0m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to May 2020, when income rose by 37%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Buoniconti Fund to Cure Paralysis Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Shaler Area Emergency Medical Services Inc ($3.0m), Hospital Service District No 1 of the Parish of Vermilion ($3.0m) and Audubon Area Community Care Clinic Inc ($3.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 137% of the total. Compensation of current officers, directors and key employees was $125k (3.0% of expenses). Other salaries and wages came to $64k. At year end it held assets of $3.1m against liabilities of $105k, net assets of $3.0m. It reported 4 employees.