Caribbean Neurosurgery Foundation

Analysis

Caribbean Neurosurgery Foundation is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover medical research, 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, Caribbean Neurosurgery Foundation reported income of $58k and spending of $106k, spending 183% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $319k to $58k (-82%), an average of -82% a year. The sharpest change came in the year to December 2023, when income dropped by 82%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caribbean Neurosurgery Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Team MB - Hunt for the Cure a NJ Nonprofit Corporation ($58k), Caring Residential Services III Inc ($58k) and Intergrupal Hispana Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.