American Association for Laboratory Accreditation

Analysis

American Association for Laboratory Accreditation is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, American Association for Laboratory Accreditation reported income of $26.0m and spending of $25.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $26.0m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Association for Laboratory Accreditation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Arts Center and Theater of Schenectady Inc ($25.8m), Greater Columbus Arts Council Inc ($26.0m) and Childrens Theatre of Cincinnati ($25.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $1.4m (5.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $19.4m against liabilities of $7.9m, net assets of $11.5m. It reported 108 employees.