Orthopaedic Research Society
Analysis
Orthopaedic Research Society is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover medical research, 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, Orthopaedic Research Society reported income of $3.1m and spending of $3.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $3.1m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 86% 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 Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Spring Hill Community Ambulance Corps Inc ($3.1m), Ada Foundation ($3.1m) and Heartgift Foundation ($3.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $224k (7.1% of expenses). Other salaries and wages came to $877k. At year end it held assets of $8.7m against liabilities of $1.3m, net assets of $7.4m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 71%
- Other 7.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spring Hill Community Ambulance Corps Inc | Spring Valley | $3.1m |
| Ada Foundation | Chicago | $3.1m |
| Heartgift Foundation | Austin | $3.1m |
| Baxter Foundation Inc | Edmond | $3.1m |