American Society for Apheresis

Analysis

American Society for Apheresis is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, 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).

In the financial year ending December 2023, American Society for Apheresis reported income of $757k and spending of $755k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $757k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 91% 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 Society for Apheresis sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile. Charities of a similar size with the same main cause include LA Porte Symphony Orchestra Inc ($757k), Boynton Cultural Centre Inc ($757k) and Mentor Group Institute for Intercultural Education Inc ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. At year end it held assets of $1.2m against liabilities of $132k, net assets of $1.0m.