American Society of Hematology Inc

Analysis

American Society of Hematology Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, American Society of Hematology Inc reported income of $108.3m and spending of $99.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $84.3m to $108.3m (+28%), an average of +6.5% a year. Over the whole period it spent 87% 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 of Hematology Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Logan Health - Whitefish ($108.3m), Shore Health Services Inc ($108.4m) and Owensboro Health Medical Group Inc ($108.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.3m (1.3% of expenses). Other salaries and wages came to $15.0m. At year end it held assets of $331.5m against liabilities of $93.8m, net assets of $237.8m. It reported 126 employees.