The Negative Space

Analysis

The Negative Space is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 2022, 4 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 June 2024, The Negative Space reported income of $110k and spending of $61k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $98k to $110k (+12%), an average of +12% a year. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Negative Space sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Row4als ($110k), Silver Lining Riding Program ($110k) and Council of International Neonatal Nurses Inc ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.