Society for Cardiovascular

Analysis

Society for Cardiovascular is a registered charity in United States, based in East Dundee, IL. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover medical research, 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 June 2023, Society for Cardiovascular reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.3m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Cardiovascular sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Psychonomic Society Inc ($2.3m), Central Lincoln County Ambulance Service Inc ($2.3m) and Israel Childrens Cancer Foundation Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 83% of the total. At year end it held assets of $2.5m against liabilities of $416k, net assets of $2.1m.