Epilepsy Institute
Epilepsy Institute faces persistent deficit spending and declining assets over the past decade.
EIN: 132608325 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| Net Assets | $-88,247 |
| Transparency Score | 70/100 |
Is Epilepsy Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Epilepsy Institute directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Epilepsy Institute
Epilepsy Institute (EIN: 132608325) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.8M and total assets of $674K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Epilepsy Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Epilepsy Institute is a mid-size nonprofit that has been operating for 97 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-145,174 |
| Total Assets | $547K |
| Total Liabilities | $635K |
| Net Assets | $-88,247 |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 116.1% |
| Months of Reserves | 3.6 months |
Financial Health Grade: C
In 2023, Epilepsy Institute reported a deficit of $145K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 116.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Epilepsy Institute's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.4% | +7.4% | -15.7% |
| 2022 | -10.0% | -6.7% | +2.5% |
| 2021 | +22.3% | +39.1% | -27.9% |
| 2020 | +12.5% | -29.0% | +0.3% |
| 2019 | -17.9% | +9.5% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1929 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Epilepsy Institute with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Epilepsy Institute allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $145K, with expenses exceeding revenue.
- Debt-to-asset ratio: 116.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a strong positive for an organization of its size, suggesting a high dedication to mission-focused spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Epilepsy Institute's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue in 8 of 10 periods)
- Significant decline in assets over the past decade (from $1.4M to $0.5M)
- Increasing liabilities in recent years, reaching $634,801 in 202306
Strengths
The following positive indicators were identified for Epilepsy Institute:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay
- Consistent revenue generation over $1.4 million annually, demonstrating donor support
- Long filing history (13 filings) indicating consistent compliance and transparency
Frequently Asked Questions about Epilepsy Institute
Is Epilepsy Institute a legitimate charity?
Epilepsy Institute (EIN: 132608325) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Epilepsy Institute spend its money?
Epilepsy Institute directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Epilepsy Institute tax-deductible?
Epilepsy Institute is registered as a tax-exempt nonprofit (EIN: 132608325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Epilepsy Institute's spending goes to programs?
Epilepsy Institute directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Epilepsy Institute located?
Epilepsy Institute is headquartered in New York, New York and files with the IRS under EIN 132608325.
How many years of IRS 990 filings does Epilepsy Institute have?
Epilepsy Institute has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Epilepsy Institute a good charity?
The Epilepsy Institute exhibits strong dedication to its mission by reporting 0% officer compensation across all filings. However, its consistent deficit spending and declining asset base over the past decade raise concerns about long-term financial sustainability, despite its apparent program focus.
Why are assets declining?
Assets have declined from $1,407,894 in 201406 to $546,554 in 202306 primarily due to the organization consistently spending more than it earns. In 8 of the last 10 periods, expenses have exceeded revenue, drawing down reserves.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally remained between $1.4M and $2.1M. Expenses have frequently exceeded revenue, leading to operational deficits in most years, such as in 202306 where expenses were $1,819,139 against revenues of $1,673,965.
How does the organization manage its liabilities?
Liabilities have shown significant fluctuation, from a low of $279,216 in 201606 to a high of $669,563 in 201906, and most recently $634,801 in 202306. The increase in liabilities in recent years, alongside declining assets, suggests potential financial strain.
Filing History
IRS 990 filing history for Epilepsy Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Epilepsy Institute's revenue has declined by 30.5%, moving from $2.4M to $1.7M. Total assets decreased by 43.4% over the same period, from $965K to $547K. Total functional expenses fell by 21.5%, from $2.3M to $1.8M. In its most recent filing year (2023), Epilepsy Institute reported a deficit of $145K, with expenses exceeding revenue. The organization holds $635K in liabilities against $547K in assets (debt-to-asset ratio: 116.1%), resulting in net assets of $-88,247.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $547K | $635K | — | View 990 |
| 2022 | $1.5M | $1.7M | $648K | $591K | — | View 990 |
| 2021 | $1.7M | $1.8M | $632K | $426K | — | View 990 |
| 2020 | $1.4M | $1.3M | $878K | $573K | — | View 990 |
| 2019 | $1.2M | $1.8M | $875K | $670K | — | View 990 |
| 2018 | $1.5M | $1.7M | $987K | $293K | — | View 990 |
| 2017 | $1.8M | $1.9M | $1.2M | $306K | — | View 990 |
| 2016 | $1.9M | $1.9M | $1.2M | $279K | — | View 990 |
| 2015 | $1.9M | $2.1M | $1.3M | $311K | — | View 990 |
| 2014 | $2.1M | $2.2M | $1.4M | $285K | — | View 990 |
| 2013 | $2.3M | $2.3M | $1.5M | $234K | — | View 990 |
| 2012 | $2.9M | $2.4M | $1.5M | $307K | — | View 990 |
| 2011 | $2.4M | $2.3M | $965K | $214K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.8M, and assets of $547K (revenue +8.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $648K (revenue -10.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $632K (revenue +22.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $878K (revenue +12.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.8M, and assets of $875K (revenue -17.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.7M, and assets of $987K (revenue -15.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $1.2M (revenue -5.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $1.2M (revenue -1.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.1M, and assets of $1.3M (revenue -8.5% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.2M, and assets of $1.4M (revenue -6.7% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.3M, and assets of $1.5M (revenue -21.5% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.4M, and assets of $1.5M (revenue +19.3% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.3M, and assets of $965K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Epilepsy Institute:
Data Sources and Methodology
This transparency report for Epilepsy Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.