Interventional Orthopedics Foundation

Analysis

Interventional Orthopedics Foundation is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in November 2015, 11 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, Interventional Orthopedics Foundation reported income of $669k and spending of $730k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $800k to $669k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 129% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Interventional Orthopedics Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Iowa City Va Medical Research Foundation ($669k), Viecare Inc ($669k) and Asheville-Buncombe Institute of Parity Achievement ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $159k (22% of expenses). Other salaries and wages came to $83k. At year end it held assets of $745k against liabilities of $11k, net assets of $734k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.