Nepm Foundation Inc

Analysis

Nepm Foundation Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in August 2022, 4 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 (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, Nepm Foundation Inc reported income of $269k and spending of $66k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $269k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nepm Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include MN Foundation Inc ($269k), California Mental Health Advocates for Children and Youth ($269k) and Collective Action for Safe Space ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $402k against liabilities of $812, net assets of $401k.