American Society of Extracorporeal Technology Inc

Analysis

American Society of Extracorporeal Technology Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Extracorporeal Technology Inc reported income of $1.1m and spending of $1.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Extracorporeal Technology Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Dallas Spark ($1.1m), Louisville Visual Art Inc ($1.1m) and Intermusic SF ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.1m against liabilities of $115k, net assets of $995k.