Neurorecovery Learning Inc

Analysis

Neurorecovery Learning Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2021, 5 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, Neurorecovery Learning Inc reported income of $90k and spending of $99k, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $159k to $90k (-44%), an average of -11% a year. The sharpest change came in the year to December 2019, when income dropped by 66%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neurorecovery Learning Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Northeastern Mental Health Foundation ($90k), Aligning Destiny International Inc ($90k) and Oak Tree Corner Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (37% of expenses). At year end it held assets of $122k against liabilities of $16k, net assets of $105k.