Academy Clinical Laboratory Physicians and Scientists

Analysis

Academy Clinical Laboratory Physicians and Scientists is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in December 1970, 56 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 September 2023, Academy Clinical Laboratory Physicians and Scientists reported income of $74k and spending of $70k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $208k to $74k (-64%), an average of -23% a year. The sharpest change came in the year to September 2020, when income dropped by 68%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy Clinical Laboratory Physicians and Scientists sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within UT. Charities of a similar size with the same main cause include Hope for Gus Foundation ($74k), Pten Hamartoma Tumor Syndrome Foundation ($74k) and Bayview Sol ($74k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 55% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.