New York Society for Thoracic Surgery Inc

Analysis

New York Society for Thoracic Surgery Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1995, 31 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 December 2023, New York Society for Thoracic Surgery Inc reported income of $50k and spending of $6,841, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $50k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York Society for Thoracic Surgery Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Lewis County General Hospital Auxiliary ($50k), Womens Auxiliary of the Pioneers Memorial Hospital ($50k) and Northeast Medical Center Hospital Auxiliary Gift Shop ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.