San Diego Shoulder Institute
Analysis
San Diego Shoulder Institute is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover health care, 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 2023, San Diego Shoulder Institute reported income of $1.1m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 359%. Over the whole period it spent 102% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, San Diego Shoulder Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Pines of Sarasota Foundation Inc ($1.1m), Life Choices Womens Clinic ($1.1m) and Providence Seaside Hospital Foundation ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. At year end it held assets of $513k against liabilities of $54k, net assets of $459k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 76%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pines of Sarasota Foundation Inc | Sarasota | $1.1m |
| Life Choices Womens Clinic | Phoenix | $1.1m |
| Providence Seaside Hospital Foundation | Seaside | $1.1m |
| Disabling Barriers | Peyton | $1.1m |