American Society for Cell Biology

Analysis

American Society for Cell Biology is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 1966, 60 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 for Cell Biology reported income of $7.9m and spending of $7.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $7.9m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society for Cell Biology sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Nicasa NFP ($7.9m), Habitat for Humanity Greater Orlando and Osceola County Inc ($7.9m) and Workers Compensation Research Institute ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $868k (11% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $14.5m against liabilities of $4.8m, net assets of $9.7m. It reported 28 employees.