Histochemical Society Inc

Analysis

Histochemical Society Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Histochemical Society Inc reported income of $428k and spending of $495k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $602k to $428k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Histochemical Society Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Santa Barbara Arts Collaborative Inc ($428k), Dance Entropy ($428k) and Cambridge Historical Society ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 0.1% of the total. At year end it held assets of $4.5m against liabilities of $25k, net assets of $4.4m.