Illinois Orthopaedic Foundation

Analysis

Illinois Orthopaedic Foundation is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover medical research, 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, Illinois Orthopaedic Foundation reported income of $85k and spending of $42k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $47k to $85k (+81%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Illinois Orthopaedic Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Dr Lazarus Onwuka Medical Foundation Inc ($85k), Adolescent and Young Adult Cancer Alliance ($85k) and Muskie Harris Rehabilitation Services ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.