American Society for Surgery of the Hand

Analysis

American Society for Surgery of the Hand is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2013, 13 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, American Society for Surgery of the Hand reported income of $12.2m and spending of $11.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.5m to $12.2m (-2.2%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Society for Surgery of the Hand sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include American Association of Immunologists Inc ($12.2m), Corewell Health ($12.2m) and Mary Health of the Sick Convalescent & Nursing Hospital in ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.1m (9.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $41.4m against liabilities of $6.3m, net assets of $35.1m. It reported 28 employees.