American Society for Clinical Investigation Inc

Analysis

American Society for Clinical Investigation Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Clinical Investigation Inc reported income of $5.6m and spending of $6.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $5.6m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 96% 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 Clinical Investigation Inc 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 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Morgan Memorial Foundation Inc ($5.6m), A Place for US Atlantic County Womens Center ($5.6m) and Leo Baeck Institute Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $847k (14% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $14.2m against liabilities of $892k, net assets of $13.3m. It reported 37 employees.