The American Foregut Society

Analysis

The American Foregut Society is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The American Foregut Society reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income grew from $830k to $1.0m (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The American Foregut Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Childrens Cancer Network ($1.0m), Cancer Connection Inc ($1.0m) and Community Free Clinic Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $366k against liabilities of $121k, net assets of $246k.