The Brain Donor Project

Analysis

The Brain Donor Project is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2016, 10 years ago. 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, The Brain Donor Project reported income of $393k and spending of $204k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $393k (+395%), an average of +395% a year. The sharpest change came in the year to December 2023, when income rose by 395%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Brain Donor Project sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Northfield Hockey Association Inc ($393k), Citizens Commission on Human Rights ($393k) and Neighbors United ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $497k against liabilities of $0, net assets of $497k.