Therapies for Inherited Neuropathies Inc

Analysis

Therapies for Inherited Neuropathies Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Therapies for Inherited Neuropathies Inc reported income of $233k and spending of $119k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $233k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Therapies for Inherited Neuropathies Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Auxillary to the Monongalia General Hospital ($233k), Comprehensive Psychiatric Care Specialists ($233k) and Ajhc Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $424k against liabilities of $13, net assets of $424k.