Association of Laboratory Managers

Analysis

Association of Laboratory Managers is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Association of Laboratory Managers reported income of $60k and spending of $53k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $60k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Laboratory Managers sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Health for Armenia ($60k), Highlands PTO ($60k) and Grove Bay Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.