American Thrombosis and Hemostasisnetwork Inc

Analysis

American Thrombosis and Hemostasisnetwork Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Thrombosis and Hemostasisnetwork Inc reported income of $13.6m and spending of $16.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.1m to $13.6m (+12%), an average of +2.9% a year. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Thrombosis and Hemostasisnetwork Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include United Cerebral Palsy Association of Metro Boston Inc ($13.6m), Lima Convalescent Home Foundation Inc ($13.6m) and Mental Health Services for Clark Co Inc ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.4m (8.4% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.4m against liabilities of $808k, net assets of $4.6m. It reported 55 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.