Arthroscopy Association of North America Inc

Analysis

Arthroscopy Association of North America Inc is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, Arthroscopy Association of North America Inc reported income of $9.0m and spending of $9.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $9.0m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arthroscopy Association of North America Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Girl Scouts of Kentuckiana Inc ($9.0m), Northeast Nebraska Community Action Partnership Inc ($9.1m) and The Grand Traverse Bay Young Mens Christian Association ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $701k (7.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.9m against liabilities of $4.3m, net assets of $7.6m. It reported 25 employees.