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International Society of Hair Surgeons

RegisteredEIN 71-0738276Elgin, ILOther charitable purposes
Income$1.8m2023-12
Spending$2.0msame year
Spent / received88%5-year average
Size in its cause84th pctOther charitable purposes
Exempt since1994Publicly supported organisat
Employees0latest return

Analysis

International Society of Hair Surgeons is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, International Society of Hair Surgeons reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.8m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Society of Hair Surgeons sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Columbus Marathon ($1.8m), Jeffco Housing Corporation ($1.8m) and Gymnastics Olympica USA Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 93% of the total. At year end it held assets of $5.1m against liabilities of $494k, net assets of $4.6m.

Income and spending

$0$634k$1.3m$1.9m$2.5m2019 Income: $2,419,7452019 Spending: $2,234,88920192020 Income: $1,302,4932020 Spending: $1,365,97320202021 Income: $2,537,1442021 Spending: $1,485,76220212022 Income: $1,893,1992022 Spending: $1,715,71720222023 Income: $1,788,0982023 Spending: $1,984,9882023
IncomeSpending

Where the income comes from

  • Contributions & grants 2.1%
  • Program services 93%
  • Other 4.8%

Similar-sized charities, same cause

CharityLocationIncome
Columbus MarathonColumbus$1.8m
Jeffco Housing CorporationWheat Ridge$1.8m
Gymnastics Olympica USA IncSanta Clarita$1.8m
Counterpoint IncLivingston$1.8m