Shirley & Stefan Hatos Neuroscience Research Foundation

Analysis

Shirley & Stefan Hatos Neuroscience Research Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shirley & Stefan Hatos Neuroscience Research Foundation reported income of $175k and spending of $292k, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $265k to $175k (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shirley & Stefan Hatos Neuroscience Research Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Benedictine Society of Baltimore City Inc ($175k), Bridge Adaptive Sports & Recreation ($175k) and Little League Baseball Inc ($175k).

At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.