Association for Reserach in Otolaryngoloy Inc

Analysis

Association for Reserach in Otolaryngoloy Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in November 1975, 51 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, Association for Reserach in Otolaryngoloy Inc reported income of $803k and spending of $1.3m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1000k to $803k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Association for Reserach in Otolaryngoloy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Peregrine Counseling and Wellness ($803k), Saddles in Services ($803k) and Patient Care Trust Fund of the Committee of Interns & Residents ($803k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 94% of the total. At year end it held assets of $2.0m against liabilities of $596k, net assets of $1.4m.