Newborn Brain Society Inc

Analysis

Newborn Brain Society Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Newborn Brain Society Inc reported income of $330k and spending of $343k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $321k to $330k (+2.7%), an average of +2.7% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newborn Brain Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Journalists and Writers Foundation Inc ($330k), Playing for Others Inc ($330k) and Paths Forward ($330k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.