North American Specialized Coagulation Laboratory Association

Analysis

North American Specialized Coagulation Laboratory Association is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, North American Specialized Coagulation Laboratory Association reported income of $399k and spending of $296k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $399k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North American Specialized Coagulation Laboratory Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Marisas Mission Inc ($399k), Chesapeake and Potomac Region of Narcotics Anonymous Inc ($399k) and Womens Board of Montgomery General Hospital ($399k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $33k (11% of expenses). At year end it held assets of $881k against liabilities of $0, net assets of $881k.