Undersea & Hyperbaric Medical Society Inc

Analysis

Undersea & Hyperbaric Medical Society Inc is a registered charity in United States, based in North Palm Beach, FL. It received its IRS tax-exemption ruling in June 2011, 15 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, Undersea & Hyperbaric Medical Society Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Undersea & Hyperbaric Medical Society Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Red Arena ($1.5m), Medical Center Alliance ($1.5m) and Cornerstone Recovering Community ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $153k (10% of expenses). Other salaries and wages came to $399k. At year end it held assets of $1.2m against liabilities of $314k, net assets of $885k. It reported 9 employees.