Surfaces in Biomaterials

Analysis

Surfaces in Biomaterials is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in October 1993, 33 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, Surfaces in Biomaterials reported income of $103k and spending of $131k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $103k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Surfaces in Biomaterials sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Sutton County Historical Society ($103k), Hospice & Palliative Care Association of Iowa ($103k) and Discovering Soul International ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 71% of the total. At year end it held assets of $37k against liabilities of $6,475, net assets of $30k.