International Federation of Musculoskeletal Research Societies

Analysis

International Federation of Musculoskeletal Research Societies is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2020, 6 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, International Federation of Musculoskeletal Research Societies reported income of $68k and spending of $147k, spending 217% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $888k to $68k (-92%), an average of -58% a year. The sharpest change came in the year to December 2021, when income dropped by 90%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Federation of Musculoskeletal Research Societies sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Jovante Woods Foundation Inc ($68k), Adair County Health Foundation ($68k) and Wisconsin Orthopaedic Society ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $94k. At year end it held assets of $623k against liabilities of $0, net assets of $623k.

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.