Society of University Surgeons Inc

Analysis

Society of University Surgeons Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, Society of University Surgeons Inc reported income of $677k and spending of $650k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $677k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of University Surgeons Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include St Charles Housing II Inc ($677k), Mt Airy Youth Athletic Assn Inc ($677k) and Hudsonville Parent & Booster Group ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. At year end it held assets of $972k against liabilities of $0, net assets of $972k.