Nf2 Biosolutions

Analysis

Nf2 Biosolutions is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in July 2018, 8 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, Nf2 Biosolutions reported income of $772k and spending of $966k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $772k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nf2 Biosolutions sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Christian Recovery Centers ($772k), Kalamazoo County Medical Control Authority ($773k) and Black Mental Health Alliance for Education and Consultation Inc ($772k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $712k against liabilities of $102k, net assets of $610k.