Combinedbrain Inc
Analysis
Combinedbrain Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in October 2020, 6 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, Combinedbrain Inc reported income of $1.1m and spending of $880k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $736k to $1.1m (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 74% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Combinedbrain Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Mib Agents Inc ($1.1m), Kidney Cancer Coalition Inc ($1.1m) and Freedom Community Clinic Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $90k (10% of expenses). Other salaries and wages came to $202k. At year end it held assets of $591k against liabilities of $69k, net assets of $522k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 16%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mib Agents Inc | Barnard | $1.1m |
| Kidney Cancer Coalition Inc | Philadelphia | $1.1m |
| Freedom Community Clinic Inc | Oakland | $1.1m |
| Leroy Ambulance Service Inc | Le Roy | $1.1m |