Surgeons of Hope Foundation Inc

Analysis

Surgeons of Hope Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Surgeons of Hope Foundation Inc reported income of $266k and spending of $256k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $266k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 374%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Surgeons of Hope Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Sacro Occipital Research Society ($266k), Linden Lodge Foundation ($266k) and Womens Health Services Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $102k (40% of expenses). At year end it held assets of $755k against liabilities of $6,580, net assets of $749k.