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American Society for Clinical Pharmacology & Therapeutics

RegisteredEIN 23-1682043Alexandria, VAHealth and saving lives
Income$3.7m2023-12
Spending$4.1msame year
Spent / received96%5-year average
Size in its cause77th pctHealth and saving lives
Exempt since1973Publicly supported organisat
Employees12latest return

Analysis

American Society for Clinical Pharmacology & Therapeutics is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover health care, 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 Society for Clinical Pharmacology & Therapeutics reported income of $3.7m and spending of $4.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.7m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Society for Clinical Pharmacology & Therapeutics sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Macular Degeneration Association ($3.7m), Focus on All Child Therapies Inc ($3.7m) and Alpha Omega Veterans Services Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $716k (18% of expenses). Other salaries and wages came to $902k. At year end it held assets of $6.5m against liabilities of $0, net assets of $6.5m. It reported 12 employees.

Income and spending

$0$1.1m$2.1m$3.2m$4.3m2019 Income: $4,011,1862019 Spending: $3,682,30320192020 Income: $2,105,6822020 Spending: $2,668,71720202021 Income: $4,282,2012021 Spending: $3,287,40720212022 Income: $3,625,7762022 Spending: $3,254,07320222023 Income: $3,700,3702023 Spending: $4,053,5592023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.6%
  • Program services 95%
  • Other 3.4%

Similar-sized charities, same cause

CharityLocationIncome
Macular Degeneration AssociationSarasota$3.7m
Focus on All Child Therapies IncLos Angeles$3.7m
Alpha Omega Veterans Services IncMemphis$3.7m
LA Perla de Gran Precio IncSan Juan$3.7m