Neurotalent Works Inc

Analysis

Neurotalent Works Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Neurotalent Works Inc reported income of $473k and spending of $523k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $473k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neurotalent Works Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Lead Program ($473k), Meals on Wheels of Columbia ($473k) and Give Nebraska ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $109k (21% of expenses). Other salaries and wages came to $254k. At year end it held assets of $323k against liabilities of $1,569, net assets of $321k. It reported 6 employees.