The Hospital for Special Surgery Fund
Also known as See Schedule O
The Hospital for Special Surgery Fund reported $34.3 million in revenue and $20.2 million in expenses for calendar year 2024. Of every $100 it spent, $23.69 went to program services, $11.80 to management and general costs and $64.51 to fundraising. Its largest source of revenue was contributions and grants: 46.9% of the total. The highest compensation it reported for one person was $5,329,588 (President & CEO). 29 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $34M- Contributions & grants (non-government)$43.77 $16M
- Program service revenue$32.03 $12M
- Investment income$24.20 $8.9M
Other revenue was negative: −$2.5M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 23.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 64.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.81 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 46.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 34.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,329,588 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 26.42% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 29 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 71.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 45 of 49 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe organization's exempt purpose is to raise funds to support charitable, educational, and scientific purposes of its tax exempt affiliate, the hospital for Special Surgery, and any other health care related charitable organizations. The hospital for Special Surgery provides world class care to its patients by helping them regain their mobility, while also advancing research initiatives to explore new treatments for orthopedic and rheumatologic conditions. The hospital for Special Surgery is recognized for its excellence in patient care and is consistently top-ranked by US news and world…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 9.0 hrs/week | $784,443 | $4,445,178 | $99,967 | $5,329,588 |
| Former President & CEO Former, 0.0 hrs/week | $0 | $3,428,637 | $0 | $3,428,637 |
| EVP & Chief Financial Officer Officer, 1.8 hrs/week | $86,162 | $2,785,932 | $92,723 | $2,964,817 |
| EVP & Chief Legal Officer Officer, 3.0 hrs/week | $68,644 | $1,304,257 | $46,496 | $1,419,397 |
| SVP & Chief Develop. Officer Key employee, 60.0 hrs/week | $1,096,680 | $0 | $81,415 | $1,178,095 |
| Member/Anesthesiologist Director/trustee, 0.2 hrs/week | $0 | $590,658 | $82,270 | $672,928 |
| Member/Attending Physician Director/trustee, 0.2 hrs/week | $0 | $555,487 | $35,230 | $590,717 |
| VP, Development Highest compensated employee, 60.0 hrs/week | $467,704 | $0 | $51,210 | $518,914 |
29 people received more than $100,000 in reportable compensation from The Hospital for Special Surgery Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b49 · 45 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 554
- Volunteers Part I, line 648
Private foundation grants it received
204 private foundations reported grants to The Hospital for Special Surgery Fund totaling $22M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Hospital for Special Surgery Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Hospital for Special Surgery Fund, you can publish a response that is linked from this page.
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Of every $100 The Hospital for Special Surgery Fund spent in 2024, $23.69 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Hospital for Special Surgery Fund's spending goes to programs?
In calendar year 2024, The Hospital for Special Surgery Fund reported that 23.7% of its $20.2 million in expenses went to program services, 11.8% to management and general and 64.5% to fundraising (Form 990, Part IX).
How much does The Hospital for Special Surgery Fund pay its top executive?
The largest total compensation The Hospital for Special Surgery Fund reported for one person in calendar year 2024 was $5,329,588, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Hospital for Special Surgery Fund get its money?
Of $34.3 million in revenue in calendar year 2024, 46.9% came from contributions and grants and 34.3% from program service revenue (Form 990, Part VIII).
Is The Hospital for Special Surgery Fund a registered charity?
The IRS lists EIN 13-6714749 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513199349300701 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433189349310938 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349312319 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233159349307063 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349326981 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349311299 · read the filing
All filings for EIN 13-6714749: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.