Center for Neurologic Study

Analysis

Center for Neurologic Study is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Center for Neurologic Study reported income of $2.0m and spending of $531k, leaving 73% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income grew from $1.4m to $2.0m (+44%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Neurologic Study sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Community Restoration Centers Inc of Stark County ($2.0m), The Cabell & Wayne County Public Defender Corp ($2.0m) and Pacific Repertory Theatre ($2.0m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $148k (28% of expenses). Other salaries and wages came to $12k. At year end it held assets of $27.8m against liabilities of $573, net assets of $27.8m. It reported 4 employees.