Brain Mapping Medical Research Organization

Analysis

Brain Mapping Medical Research Organization is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brain Mapping Medical Research Organization reported income of $2.1m and spending of $88k, leaving 96% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 19198%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brain Mapping Medical Research Organization 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 United Way of Northwest Louisiana ($2.1m), The International Dark-Sky Association Inc ($2.1m) and Waldorf Association of Whatcom County ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.1m against liabilities of $492k, net assets of $4.6m.