Southern Orthopaedic Association

Analysis

Southern Orthopaedic Association is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 1988, 38 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, Southern Orthopaedic Association reported income of $676k and spending of $652k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $710k to $676k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 304%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Orthopaedic Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Community Childrens Ministry ($676k), Equine-Assisted Therapies of South Florida Inc ($676k) and The Mission of Tao-Confucianism ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 70% of the total. At year end it held assets of $2.0m against liabilities of $317k, net assets of $1.6m.