Spine Institute for Quality Spine Iq Inc

Analysis

Spine Institute for Quality Spine Iq Inc is a registered charity in United States, based in Port Byron, IL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2022, Spine Institute for Quality Spine Iq Inc reported income of $147k and spending of $161k, spending 110% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $238k to $147k (-38%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spine Institute for Quality Spine Iq Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Icare ($147k), 10 Can Inc ($147k) and Banding Together ($147k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,041 against liabilities of $0, net assets of $5,041.