Society for Vascular Medicine

Analysis

Society for Vascular Medicine is a registered charity in United States, based in East Dundee, IL. It received its IRS tax-exemption ruling in February 1991, 35 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 (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 for Vascular Medicine reported income of $1.2m and spending of $975k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $980k to $1.2m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Vascular Medicine sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include National Alliance on Mental Illness-Iowa Inc ($1.2m), Steps to Recovery Inc ($1.2m) and Childrens Dental Health Services ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 92% of the total. At year end it held assets of $2.1m against liabilities of $372k, net assets of $1.7m.