Overview

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Est.

1968

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Hip Society is a nonprofit organization dedicated to advancing knowledge of hip disorders, promoting evidence-based treatment, and refining hip surgery to enhance patient outcomes. With an operating budget of $805,000 and total revenue of $1.1 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.hipsoc.org.

Mission Statement

TO ADVANCE KNOWLEDGE OF HIP DISORDERS, PROMOTE EVIDENCE-BASED TREATMENT, AND REFINE SURGERY OF THE HIP IN ORDER TO IMPROVE THE LIVES OF PATIENTS.
Revenues
$1.1M
Expenses
$853K
Net Income:
+$237.3K
Assets
$7.6M
Liabilities
$280K
Net Assets:
+$7.3M
Operating Budget
$805K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5K
Largest grant received
$5K
O
Olga Foley
Board Member
R
Rafael J Sierra Md
Board Member
K
Keith R Berend Md
Board Member

Frequently Asked Questions

What is THE HIP SOCIETY’s budget?
In 2024, THE HIP SOCIETY reported an annual operating budget of around $805 thousand. More detailed financial information is available to registered users.
What causes does THE HIP SOCIETY support?
THE HIP SOCIETY supports work in Surgery.
Where does THE HIP SOCIETY operate?
THE HIP SOCIETY is headquartered in Schaumburg, IL.
Who funded THE HIP SOCIETY recently?
In 2024, THE HIP SOCIETY received grants from MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, AMERICAN ASSOCIATION OF HIP & KNEE SURGEONS, and AMERICAN ASSOCIATION OF HIP & KNEE SURGEONS. More information on this organization’s funders is available to registered users.
What is the largest grant THE HIP SOCIETY received in 2024?
The largest grant to THE HIP SOCIETY in 2024 exceeds $5,000.