Academic Surgical Congress LLC

Analysis

Academic Surgical Congress LLC is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in November 2010, 16 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 2022, Academic Surgical Congress LLC reported income of $789k and spending of $791k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $789k (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 217%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Academic Surgical Congress LLC sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Mandan Rodeo Days ($789k), The Radiance Foundation Incorporated ($789k) and Big Brothers Big Sisters of Southwest Idaho Inc ($789k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $954k against liabilities of $913k, net assets of $42k.