Society for Metabolic and Bariatric Endoscopy Inc

Analysis

Society for Metabolic and Bariatric Endoscopy Inc is a registered charity in United States, based in Chestnut Hill, MA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Society for Metabolic and Bariatric Endoscopy Inc reported income of $333k and spending of $420k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $333k (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 10995%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society for Metabolic and Bariatric Endoscopy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include American Institute of Healthcare Compliance Inc ($333k), Reach Academy Inc ($333k) and Rage Against Addiction Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $104k, net assets of -$84k.