Society for Vascular Surgery Foundation

Analysis

Society for Vascular Surgery Foundation is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 March 2023, Society for Vascular Surgery Foundation reported income of $998k and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $544k to $998k (+84%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 166%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Vascular Surgery Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include The Arvo Foundation for Eye Research Inc ($998k), Fairview Township Emergency Medical Services Inc ($998k) and Community Care Solutions ($998k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $267k. At year end it held assets of $7.4m against liabilities of $1.3m, net assets of $6.1m.