Institute for Cognitive Neuroscience

Analysis

Institute for Cognitive Neuroscience is a registered charity in United States, based in Guaynabo, PR. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Institute for Cognitive Neuroscience reported income of $224k and spending of $68k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $224k (+348%), an average of +112% a year. The sharpest change came in the year to December 2022, when income rose by 216%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Cognitive Neuroscience sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 40th percentile within PR. Charities of a similar size with the same main cause include New Jersey Association of School Librarians ($224k), Wagner Ranch Parents Club ($224k) and Parents of Public Schools Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (30% of expenses). At year end it held assets of $315k against liabilities of $22k, net assets of $294k.