Congress of Neurological Surgeons Inc University of Michigan

Analysis

Congress of Neurological Surgeons Inc University of Michigan is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2022, Congress of Neurological Surgeons Inc University of Michigan reported income of $12.8m and spending of $15.7m, spending 123% of what it took in. Across the 5 years on record, from August 2019 to December 2022, income fell from $13.0m to $12.8m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2019, when income dropped by 40%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Congress of Neurological Surgeons Inc University of Michigan sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Bennett County Hospital and Nursing Home ($12.8m), V N a Corporation ($12.8m) and Douglas County Memorial Hospital ($12.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.0% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $718k (4.6% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $36.0m against liabilities of $8.3m, net assets of $27.8m. It reported 46 employees.