American Association of Neurosurgeons Inc

Analysis

American Association of Neurosurgeons Inc is a registered charity in United States, based in Rolling Meadows, IL. It received its IRS tax-exemption ruling in February 1959, 67 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 June 2023, American Association of Neurosurgeons Inc reported income of $13.6m and spending of $17.1m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.7m to $13.6m (-18%), an average of -5.0% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Association of Neurosurgeons Inc sits at the 86th percentile: it is larger than about 86% 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 Houston Community Health Centers Inc ($13.6m), McLeod Medical Center Foundation ($13.6m) and Mymichigan Health Foundation ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.7m (10% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $62.6m against liabilities of $20.7m, net assets of $41.8m. It reported 63 employees.