Society for Clinical Trials Inc

Analysis

Society for Clinical Trials Inc is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in June 1979, 47 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, Society for Clinical Trials Inc reported income of $680k and spending of $593k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $564k to $680k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Clinical Trials Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Capital Area Counseling ($680k), Living Vine Inc ($680k) and California Sunrise Foundation ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 90% of the total. At year end it held assets of $350k against liabilities of $93k, net assets of $257k.