Difelice Foundation for Orthopaedics Inc

Analysis

Difelice Foundation for Orthopaedics Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2020, 6 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, Difelice Foundation for Orthopaedics Inc reported income of $115k and spending of $102k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $115k (-29%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Difelice Foundation for Orthopaedics Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Council on Chiropractic Guidelines & Practice Parameters ($115k), Stepping Stones Alano Club Inc ($115k) and Krewe of the Druids Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.