Spine Technology and Educational Group Organization

Analysis

Spine Technology and Educational Group Organization is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in December 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spine Technology and Educational Group Organization reported income of $522k and spending of $494k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $365k to $522k (+43%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 1611%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spine Technology and Educational Group Organization sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Wheeling Society for Crippled Children ($522k), Ash-Rand Rescue Squad and Emergency Medical Services Inc ($522k) and Brighter Hope Group Home Inc ($522k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $353k against liabilities of $17k, net assets of $336k.