National Scoliosis Foundation Inc

Analysis

National Scoliosis Foundation Inc is a registered charity in United States, based in Stoughton, MA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Scoliosis Foundation Inc reported income of $52k and spending of $56k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $129k to $52k (-59%), an average of -20% a year. The sharpest change came in the year to September 2022, when income dropped by 52%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Scoliosis Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Alpha Gamma Sigma the California Junior College Honor Scholarship S ($52k), Christian Services for Students ($52k) and Sunshine Circle of Finley Hospital ($52k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,500 (12% of expenses). Other salaries and wages came to $14k. At year end it held assets of $12k against liabilities of $26k, net assets of -$14k. It reported 2 employees.