The Society of Breast Imaging

Analysis

The Society of Breast Imaging is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1986, 40 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, The Society of Breast Imaging reported income of $2.6m and spending of $3.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Society of Breast Imaging sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Minnesota Association of Community Health Centers ($2.6m), Easter Seal Rehabilitation Center Inc ($2.6m) and Association of American Cancer Institutes ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 76% of the total. Other salaries and wages came to $788k. At year end it held assets of $6.9m against liabilities of $1.3m, net assets of $5.6m. It reported 6 employees.