American Foundation for Surgery of the Hand

Analysis

American Foundation for Surgery of the Hand is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, American Foundation for Surgery of the Hand reported income of $3.4m and spending of $1.9m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.0m to $3.4m (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Foundation for Surgery of the Hand sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Coalition for Barrier Free Living ($3.4m), Ecmc Foundation Inc ($3.4m) and Firefighters Charitable Foundation Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $73k (3.9% of expenses). Other salaries and wages came to $76k. At year end it held assets of $37.0m against liabilities of $1.5m, net assets of $35.5m. It reported 14 employees.