Concussion Legacy Foundation Inc

Analysis

Concussion Legacy Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2009, 17 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, Concussion Legacy Foundation Inc reported income of $3.1m and spending of $3.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.1m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Concussion Legacy Foundation 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 88th percentile within MA. Charities of a similar size with the same main cause include Hanna Perkins School ($3.1m), Ganister Station ($3.1m) and Rady Childrens Health ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $499k (15% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.9m against liabilities of $152k, net assets of $3.8m. It reported 31 employees.