Thoracic Surgery Directors Association

Analysis

Thoracic Surgery Directors Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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, Thoracic Surgery Directors Association reported income of $454k and spending of $346k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $549k to $454k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thoracic Surgery Directors Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($454k), Honoring Our Fallen Incorporated ($454k) and Friends of Rollo ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 77% of the total. At year end it held assets of $1.4m against liabilities of $16k, net assets of $1.4m.