Society of Surgery of the Alimentary Tract Foundation

Analysis

Society of Surgery of the Alimentary Tract Foundation is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in December 2000, 26 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, Society of Surgery of the Alimentary Tract Foundation reported income of $347k and spending of $248k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $575k to $347k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society of Surgery of the Alimentary Tract Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Social and Health Research Center Inc ($347k), FFMC Support Organization ($347k) and New Jersey Health Decisions Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 3.9% of the total. At year end it held assets of $4.1m against liabilities of $50k, net assets of $4.1m.