Icu Baby Inc

Analysis

Icu Baby Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in February 2019, 7 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, Icu Baby Inc reported income of $678k and spending of $816k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $678k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 78%. 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, Icu Baby Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include International Brain Injury Assn ($678k), Writers Planners Trainers ($679k) and Breech Without Borders Inc ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). Other salaries and wages came to $151k. At year end it held assets of $499k against liabilities of $33k, net assets of $466k. It reported 6 employees.