Massachusetts Chapter of the American College of Surgeons Inc

Analysis

Massachusetts Chapter of the American College of Surgeons Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massachusetts Chapter of the American College of Surgeons Inc reported income of $163k and spending of $120k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $163k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Chapter of the American College of Surgeons Inc 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 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Edquest Incorporated ($163k), Caia Inc ($163k) and All Florida County Bail Bonds Association Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 29% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.