National Accrediting Agency for Clinical Laboratory Science

Analysis

National Accrediting Agency for Clinical Laboratory Science is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in June 1976, 50 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, National Accrediting Agency for Clinical Laboratory Science reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+12%), an average of +2.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Accrediting Agency for Clinical Laboratory Science sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Historical Society of Martin County Inc ($1.8m), Florida Keys Educational Foundation Inc ($1.8m) and Putnam County Legal Aid Society Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $202k (11% of expenses). Other salaries and wages came to $613k. At year end it held assets of $3.0m against liabilities of $211k, net assets of $2.8m. It reported 10 employees.