Orthopaedic Foundation for Active Lifestyles Inc

Analysis

Orthopaedic Foundation for Active Lifestyles Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover medical research, 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 December 2023, Orthopaedic Foundation for Active Lifestyles Inc reported income of $1.5m and spending of $904k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.5m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orthopaedic Foundation for Active Lifestyles Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Eastman Dental Center Foundation Inc ($1.5m), Granite Pathways ($1.5m) and Runx1 Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $184k (20% of expenses). At year end it held assets of $5.2m against liabilities of $46k, net assets of $5.1m. It reported 6 employees.