Brain Health Initiative Inc

Analysis

Brain Health Initiative Inc is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover medical research, 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, Brain Health Initiative Inc reported income of $214k and spending of $225k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $340k to $214k (-37%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brain Health Initiative Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Gateway Healthcare ($214k), Eastern Area Health Education Center Inc ($214k) and CWC Alliance Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.