Surfers Healing Foundation Inc

Analysis

Surfers Healing Foundation Inc is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in November 2001, 25 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, Surfers Healing Foundation Inc reported income of $432k and spending of $593k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $689k to $432k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Surfers Healing Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include New Hope Pregnancy Care ($432k), Fishing the Good Fight Inc ($432k) and Robin Kaplan Memorial Fund ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). At year end it held assets of $368k against liabilities of $12k, net assets of $357k. It reported 2 employees.