Scoliosis Research Society

Analysis

Scoliosis Research Society is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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, Scoliosis Research Society reported income of $6.3m and spending of $5.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $6.3m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scoliosis Research Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Knox School ($6.3m), BSW Inc ($6.3m) and Big Bend Homeless Coalition Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 51% of the total. At year end it held assets of $21.3m against liabilities of $417k, net assets of $20.9m.