Once Upon a Preemie Inc

Analysis

Once Upon a Preemie Inc is a registered charity in United States, based in Essington, PA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Once Upon a Preemie Inc reported income of $478k and spending of $254k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $478k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Once Upon a Preemie Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Parkinson Council ($478k), National Association of County Behavioral Health & Developmental ($478k) and Touched by an Angel Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $267k against liabilities of $7,400, net assets of $260k. It reported 1 employees.