Pediatric Spine Foundation

Analysis

Pediatric Spine Foundation is a registered charity in United States, based in Layton, UT. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pediatric Spine Foundation reported income of $1.8m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pediatric Spine Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include Crosspoint Clinical Services Inc ($1.8m), The Healthier United Fund ($1.8m) and Institute for Therapy Through the Arts ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $183k (12% of expenses). Other salaries and wages came to $370k. At year end it held assets of $6.9m against liabilities of $50k, net assets of $6.9m. It reported 5 employees.