American Society of Plant Taxonomists

Analysis

American Society of Plant Taxonomists is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1960, 66 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 December 2023, American Society of Plant Taxonomists reported income of $69k and spending of $167k, spending 241% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $181k to $69k (-62%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Plant Taxonomists sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include KCK Huggers Inc ($69k), Georgia Extension 4-H Foundation ($69k) and 13th District Order of Ahepa Peter D Gianukos Scholarship Fund Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $33k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.