International Plasma Technology Center

Analysis

International Plasma Technology Center is a registered charity in United States, based in Broad Run, VA. It received its IRS tax-exemption ruling in May 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Plasma Technology Center reported income of $570k and spending of $506k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $570k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Plasma Technology Center 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 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Asian Mental Health Collective ($570k), Illinois Elks Childrens Care Corporation ($570k) and Depression Solutions Inc ($570k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (10.0% of expenses). At year end it held assets of $1.4m against liabilities of $710k, net assets of $713k. It reported 2 employees.