International Chemical Biology Society

Analysis

International Chemical Biology Society is a registered charity in United States, based in Princeton JCT, NJ. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, International Chemical Biology Society reported income of $63k and spending of $52k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $63k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Chemical Biology Society sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Discover Downtown Petersburg Inc ($63k), Downtown Mantua Revitalization Corporation ($63k) and Washington Operation Lifesaver ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.