Philadelphia Neurologic Institute Foundation Inc

Analysis

Philadelphia Neurologic Institute Foundation Inc is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in March 2018, 8 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 December 2023, Philadelphia Neurologic Institute Foundation Inc reported income of $67k and spending of $64k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $221k to $67k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 102%. 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, Philadelphia Neurologic Institute Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Cornbelt Diabetes Connection in ($67k), Fighting AIDS Continously Together ($67k) and Dayton Physicians Foundation for Hope Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.