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American Society for Parenteral &

RegisteredEIN 52-1161382Silver Spring, MDPoverty relief
Income$5.5m2023-09
Spending$5.6msame year
Spent / received94%5-year average
Size in its cause91st pctPoverty relief
Exempt since1985Publicly supported organisat
Employees25latest return

Analysis

American Society for Parenteral & is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, American Society for Parenteral & reported income of $5.5m and spending of $5.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.6m to $5.5m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Society for Parenteral & sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Young Womens Christian Association of Rochester and Monroe County ($5.5m), Connection for Women and Families Inc ($5.5m) and YWCA Missoula ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $354k (6.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.3m against liabilities of $2.9m, net assets of $4.4m. It reported 25 employees.

Income and spending

$0$1.4m$2.8m$4.2m$5.6m2019 Income: $5,586,7162019 Spending: $4,986,40820192020 Income: $3,936,1542020 Spending: $4,042,71320202021 Income: $5,242,6492021 Spending: $4,213,74520212022 Income: $5,420,1972022 Spending: $5,301,50920222023 Income: $5,528,9682023 Spending: $5,586,8342023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Program services 67%
  • Other 8.5%

Similar-sized charities, same cause

CharityLocationIncome
Young Womens Christian Association of Rochester and Monroe CountyRochester$5.5m
Connection for Women and Families IncSummit$5.5m
YWCA MissoulaMissoula$5.5m
Woon Headstart & Day Care CenterWoonsocket$5.5m