Association for Molecular Pathology Inc

Analysis

Association for Molecular Pathology Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Association for Molecular Pathology Inc reported income of $6.4m and spending of $6.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $6.4m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association for Molecular Pathology Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include International School of Monterey ($6.4m), Cicero Preparatory Academy ($6.4m) and Aurora Collegiate Academy Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $401k (6.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $16.1m against liabilities of $3.0m, net assets of $13.1m. It reported 21 employees.