Womble Institute for Neurodiversity

Analysis

Womble Institute for Neurodiversity is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Womble Institute for Neurodiversity reported income of $778k and spending of $480k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $253k to $778k (+208%), an average of +208% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Womble Institute for Neurodiversity sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Little Lighthouse Learning Center ($778k), Pioneer Meadows Montessori School ($779k) and The Academy of Music ($778k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $46k (9.7% of expenses). Other salaries and wages came to $311k. At year end it held assets of $366k against liabilities of $1,426, net assets of $365k. It reported 10 employees.