A Beautiful Mind Inc

Analysis

A Beautiful Mind Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, 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, A Beautiful Mind Inc reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $86k to $1.5m (+1586%), an average of +156% a year. The sharpest change came in the year to December 2021, when income rose by 609%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Beautiful Mind Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Violet Foundation for Pediatric Brain Cancer ($1.5m), Tyler Robinson Foundation Inc ($1.5m) and Barnabas Health Services Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $132k against liabilities of $125k, net assets of $6,960. It reported 27 employees.