Midwestern Vascular Surgical Society

Analysis

Midwestern Vascular Surgical Society is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Midwestern Vascular Surgical Society reported income of $408k and spending of $279k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $408k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midwestern Vascular Surgical Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Community Support Systems Inc ($408k), Alternatives Pregnancy Center Inc ($408k) and Colorado Springs Therapeutic Riding Center ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. At year end it held assets of $828k against liabilities of $1,970, net assets of $826k.