Orthopaedic Research Foundation Inc

Analysis

Orthopaedic Research Foundation Inc is a registered charity in United States, based in Indianapolis, IN. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Orthopaedic Research Foundation Inc reported income of $766k and spending of $1.0m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $534k to $766k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 146% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orthopaedic Research Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Oaye Luta Okolakiciye ($765k), Invincikids ($766k) and Citizens General Health Foundation ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 92% of the total. At year end it held assets of $884k against liabilities of $2,208, net assets of $882k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.