American Society of Biomechanics

Analysis

American Society of Biomechanics is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in November 1981, 45 years ago. 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 Society of Biomechanics reported income of $666k and spending of $557k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $666k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Biomechanics sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include The Firelands Symphony Orchestra ($665k), The Clifton Institute Inc ($666k) and National Conference of State Liquor Administrators ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. At year end it held assets of $712k against liabilities of $24k, net assets of $689k.