American Thyroid Association Inc

Analysis

American Thyroid Association Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 1959, 67 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 Thyroid Association Inc reported income of $3.3m and spending of $2.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.3m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Thyroid Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Queens Hatzolo Aid Inc ($3.3m), Association for the Sciences of Limnology and Oceanography Inc ($3.3m) and Healthy Start Coalition of Hardee Highlands and Polk Counties Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $352k (14% of expenses). Other salaries and wages came to $430k. At year end it held assets of $14.0m against liabilities of $498k, net assets of $13.5m. It reported 9 employees.