Joint Restoration Foundation Inc

Analysis

Joint Restoration Foundation Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in May 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joint Restoration Foundation Inc reported income of $69.4m and spending of $68.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50.4m to $69.4m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joint Restoration Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include The Menninger Clinic ($69.4m), Perry County Health System ($69.5m) and Stoughton Hospital Association ($69.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.0m (1.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $18.1m against liabilities of $9.4m, net assets of $8.7m. It reported 33 employees.