Barrow Neurological Foundation

Analysis

Barrow Neurological Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1962, 64 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 June 2023, Barrow Neurological Foundation reported income of $34.3m and spending of $56.2m, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.2m to $34.3m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Barrow Neurological Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Rushford Center Inc ($34.2m), University McDuffie County Regional Medical Center Inc ($34.3m) and GSHS Administrative Services Organization Inc ($34.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $226.2m against liabilities of $12.0m, net assets of $214.3m.