Mind Your Brain

Analysis

Mind Your Brain is a registered charity in United States, based in Paoli, PA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover medical research, 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, Mind Your Brain reported income of $133k and spending of $128k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $300k to $133k (-56%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mind Your Brain sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Hidden Acres Therapeutic Riding Center Inc ($133k), Health Opportunity Purpose and Empowerment a Nonprofit Corporatio ($133k) and Good Shepherd Clinic Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $36k (28% of expenses). Other salaries and wages came to $11k. At year end it held assets of $133k against liabilities of $2,805, net assets of $130k.