American Society of Health-System Pharmacists Research and Education

Analysis

American Society of Health-System Pharmacists Research and Education is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 May 2023, American Society of Health-System Pharmacists Research and Education reported income of $3.3m and spending of $3.0m, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.8m to $3.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to May 2021, when income rose by 107%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Society of Health-System Pharmacists Research and Education sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Life in Abundance U S ($3.3m), Teenpact Leadership Schools Inc ($3.3m) and Som Inc ($3.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 43% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $1.0m (35% of expenses). Other salaries and wages came to $546k. At year end it held assets of $13.0m against liabilities of $811k, net assets of $12.2m.