Neurolab 360

Analysis

Neurolab 360 is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover health care, 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 December 2023, Neurolab 360 reported income of $790k and spending of $670k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $261k to $790k (+203%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neurolab 360 sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Southern West Virginia Inc ($790k), South County Community Clinic ($791k) and Mt Eaton Medical Group ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $224k (33% of expenses). Other salaries and wages came to $144k. At year end it held assets of $569k against liabilities of $11k, net assets of $559k.