Otology & Neurotology Inc

Analysis

Otology & Neurotology Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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 June 2023, Otology & Neurotology Inc reported income of $436k and spending of $476k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $379k to $436k (+15%), an average of +4.8% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Otology & Neurotology Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Pathways for Life Academy Inc ($436k), Senior Housing Corporation of East Haddam Inc the ($436k) and US Swimming Inc ($436k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.