Neurocritical Care Foundation Inc

Analysis

Neurocritical Care Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2022, 4 years ago. 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, Neurocritical Care Foundation Inc reported income of $229k and spending of $147k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $482k to $229k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neurocritical Care Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Spokane Braves Hockey Club ($229k), Fort Worth Teen Challenge Inc ($229k) and Cloquet Educational Foundation Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $60k in professional fundraising fees. At year end it held assets of $444k against liabilities of $182k, net assets of $262k.