Transatlantic Orthopedic Foundation Corporation

Analysis

Transatlantic Orthopedic Foundation Corporation is a registered charity in United States, based in Salisbury, CT. It received its IRS tax-exemption ruling in April 2016, 10 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 January 2024, Transatlantic Orthopedic Foundation Corporation reported income of $73k and spending of $15k, leaving 79% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income fell from $84k to $73k (-13%), an average of -3.5% a year. The sharpest change came in the year to January 2023, when income rose by 175%. Over the whole period it spent 23% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transatlantic Orthopedic Foundation Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Brent and Janis Sharpe Inc ($73k), Heart and Sole Cancer Assistance Inc ($73k) and Pompe Warrior Foundation Corp ($73k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.