Foundation for International Education in Neurological Surgery

Analysis

Foundation for International Education in Neurological Surgery is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1969, 57 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Foundation for International Education in Neurological Surgery reported income of $191k and spending of $121k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $315k to $191k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 194%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for International Education in Neurological Surgery sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Waterafrica ($191k), Good Samaritan Project of Haiti Inc ($191k) and Impact One Initiative Incorporated ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.