American Society of Clinical Pathologists

Analysis

American Society of Clinical Pathologists is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1943, 83 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 June 2023, American Society of Clinical Pathologists reported income of $29.3m and spending of $31.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.8m to $29.3m (-1.7%), an average of -0.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Clinical Pathologists sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Bay Area Legal Aid ($29.2m), Boston Athletic Assoc ($29.3m) and Syracuse Community Health Center Inc ($29.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $3.9m (13% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $49.5m against liabilities of $18.2m, net assets of $31.3m. It reported 130 employees.