American Society for Photobiology

Analysis

American Society for Photobiology is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. 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 August 2023, American Society for Photobiology reported income of $251k and spending of $278k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $197k to $251k (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2020, when income rose by 194%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society for Photobiology sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($251k), San Diego County Bar Foundation ($251k) and Trego Hospital Endowment Foundation Inc ($251k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.2% and program service revenue 20% of the total. At year end it held assets of $1.3m against liabilities of $49k, net assets of $1.2m.