Society for Biopsychosocial Science and Medicine Inc

Analysis

Society for Biopsychosocial Science and Medicine Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in March 1944, 82 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 October 2023, Society for Biopsychosocial Science and Medicine Inc reported income of $891k and spending of $939k, spending 105% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $841k to $891k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to October 2020, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Biopsychosocial Science and Medicine Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include California Association of Mental Health Peer Run Organizations ($891k), White Crane Wellness Center Inc ($892k) and Central Childrens Home of North Carolina Inc ($891k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 9.1% and program service revenue 44% of the total. At year end it held assets of $1.9m against liabilities of $188k, net assets of $1.7m.