Educational & Scientific FDTN of the Ill State Medical Society Inc

Analysis

Educational & Scientific FDTN of the Ill State Medical Society Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1966, 60 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Educational & Scientific FDTN of the Ill State Medical Society Inc reported income of $115k and spending of $76k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $115k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 532%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational & Scientific FDTN of the Ill State Medical Society Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($115k), James Jacob Ministries Inc of McPherson Kansas ($115k) and Texas Jewish Historical Society Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.3m against liabilities of $46k, net assets of $2.3m.