Society of Nuclear Medicine and Molecular Imaging

Analysis

Society of Nuclear Medicine and Molecular Imaging is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 September 2023, Society of Nuclear Medicine and Molecular Imaging reported income of $18.2m and spending of $16.7m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.4m to $18.2m (+60%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society of Nuclear Medicine and Molecular Imaging sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Transitional Learning Center at Galveston ($18.2m), Multidisciplinary Association for Psychedelic Studies ($18.3m) and St Lukes Free Medical Clinic of Spartanburg Inc ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $600k (3.6% of expenses). Other salaries and wages came to $4.1m. It paid $117k in professional fundraising fees. At year end it held assets of $23.8m against liabilities of $7.0m, net assets of $16.8m. It reported 52 employees.