Foundation Forsurgical Fellowships

Analysis

Foundation Forsurgical Fellowships is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover health care, 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, Foundation Forsurgical Fellowships reported income of $481k and spending of $1.2m, spending 249% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $481k (-84%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation Forsurgical Fellowships sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Living for Zachary ($481k), Community Memorial Hospital Foundation ($482k) and Gynuity Institute Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.