Hospital for Special Surgery Fund Inc

Analysis

Hospital for Special Surgery Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover health care, 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, Hospital for Special Surgery Fund Inc reported income of $27.3m and spending of $18.2m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.1m to $27.3m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital for Special Surgery Fund Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Hillcrest Extented Care Services Inc ($27.3m), American College of Gastroenterology Inc ($27.3m) and Lifeways Inc ($27.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $2.3m (13% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $135.2m against liabilities of $31.5m, net assets of $103.7m. It reported 55 employees.