American Surgical Association Foundation

Analysis

American Surgical Association Foundation is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in February 1978, 48 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 Surgical Association Foundation reported income of $532k and spending of $701k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $532k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Surgical Association Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Brooks Ambulance Inc ($532k), Barlow Foundation ($532k) and Center for Vascular Awareness Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $5.2m against liabilities of $811k, net assets of $4.4m.