Clinical and Laboratory Standards Institute

Analysis

Clinical and Laboratory Standards Institute is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in May 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clinical and Laboratory Standards Institute reported income of $10.0m and spending of $8.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $10.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clinical and Laboratory Standards Institute sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Impact Health Sharing Inc ($10.0m), Parkview Occupational Health Centers Inc ($10.0m) and Mercy Hospital Tishomingo Inc ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $1.2m (14% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $19.0m against liabilities of $3.6m, net assets of $15.4m. It reported 38 employees.