Osteoarthritis Research Society International Inc

Analysis

Osteoarthritis Research Society International Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Osteoarthritis Research Society International Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.5m (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Osteoarthritis Research Society International Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include True Star Foundation Inc ($1.5m), Illuminate the Arts ($1.5m) and Maine Museum of Innovation Learning and Labor ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 64% of the total. At year end it held assets of $3.4m against liabilities of $936k, net assets of $2.4m.