World Federation for Ultrasound in Medicine and Biology Inc

Analysis

World Federation for Ultrasound in Medicine and Biology Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Federation for Ultrasound in Medicine and Biology Inc reported income of $746k and spending of $586k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $730k to $746k (+2.2%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, World Federation for Ultrasound in Medicine and Biology Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include West Deer Emergency Medical Services ($746k), Cutaneous Lymphoma Foundation Inc ($746k) and Youth Council Inc ($746k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $4.2m against liabilities of $1,797, net assets of $4.2m.