Neurofit Gym Inc

Analysis

Neurofit Gym Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Neurofit Gym Inc reported income of $139k and spending of $148k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $139k (+3.0%), an average of +3.0% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Neurofit Gym 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 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Sunrise Optimist Girls Softball ($139k), Whitman-Hanson Youth Soccer Inc ($139k) and Concord Youth Ballpark Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.