Southern Assoc for Vascular Surgery Inc

Analysis

Southern Assoc for Vascular Surgery Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Assoc for Vascular Surgery Inc reported income of $377k and spending of $455k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $377k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Assoc for Vascular Surgery Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include The Anchor Cross Cancer Foundation ($377k), Hope Center Inc ($377k) and Clinica Medica Moscati ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $604k against liabilities of $0, net assets of $604k.