American Society for Bone and Mineral Research

Analysis

American Society for Bone and Mineral Research is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1983, 43 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 Bone and Mineral Research reported income of $5.3m and spending of $5.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.3m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 114% 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 Bone and Mineral Research sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Habitat for Humanity International ($5.3m), C H Wilkinson Physician Network ($5.3m) and Down Syndrome Association of Central Ohio ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. At year end it held assets of $8.7m against liabilities of $1.5m, net assets of $7.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.