Atlanta Neuroscience Foundation Inc

Analysis

Atlanta Neuroscience Foundation Inc is a registered charity in United States, based in Atlanta, GA. 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, Atlanta Neuroscience Foundation Inc reported income of $536k and spending of $373k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $456k to $536k (+18%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Atlanta Neuroscience Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Ematai Inc ($536k), Hearts & Hands Clinic Inc a Volunteers in Medicine Alliance ($536k) and Genetic Information Research Institute ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 143% of the total. Compensation of current officers, directors and key employees was $279k (75% of expenses). At year end it held assets of $1.1m against liabilities of $6,700, net assets of $1.1m.