Spine Research Foundation

Analysis

Spine Research Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spine Research Foundation reported income of $100k and spending of $129k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1,221 to $100k (+8090%), an average of +201% a year. The sharpest change came in the year to December 2020, when income rose by 21604%. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spine Research Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Above Ground Inc ($100k), Chen & Shao Anti-Cancer Foundation Inc ($100k) and Trula Foundation ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $9,904 against liabilities of $0, net assets of $9,904. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.