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Society for Imaging Informatics in Medicine-Siim

RegisteredEIN 23-2480304Leesburg, VAHealth and saving lives
Income$2.3m2023-12
Spending$4.3msame year
Spent / received114%5-year average
Size in its cause73rd pctHealth and saving lives
Exempt since1988Publicly supported organisat
Employees11latest return

Analysis

Society for Imaging Informatics in Medicine-Siim is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Society for Imaging Informatics in Medicine-Siim reported income of $2.3m and spending of $4.3m, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 114% 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 Imaging Informatics in Medicine-Siim 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 88th percentile within VA. Charities of a similar size with the same main cause include Healing Action Network Inc ($2.3m), Center for Life Solutions Inc ($2.3m) and The Hopequest Ministry Group Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $317k (7.4% of expenses). Other salaries and wages came to $999k. At year end it held assets of $9.5m against liabilities of $420k, net assets of $9.1m. It reported 11 employees.

Income and spending

$0$1.1m$2.2m$3.2m$4.3m2019 Income: $3,123,3022019 Spending: $2,162,73020192020 Income: $1,261,0182020 Spending: $1,910,76220202021 Income: $3,005,2012021 Spending: $2,022,99520212022 Income: $2,276,8022022 Spending: $3,326,56320222023 Income: $2,339,5522023 Spending: $4,300,4772023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.0%
  • Program services 93%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Healing Action Network IncSaint Louis$2.3m
Center for Life Solutions IncHazelwood$2.3m
The Hopequest Ministry Group IncWoodstock$2.3m
Truman Medical Center Charitable FoundationKansas City$2.3m