American Association of Pharmaceutical Scientists

Analysis

American Association of Pharmaceutical Scientists is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover health care, 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 September 2023, American Association of Pharmaceutical Scientists reported income of $7.5m and spending of $10.3m, spending 138% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $10.4m to $7.5m (-28%), an average of -11% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Association of Pharmaceutical Scientists sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Baylor College of Medicine International Pediatric AIDS Initi ($7.5m), South County Health Foundation ($7.5m) and United Cerebral Palsy Association ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $985k (9.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $13.9m against liabilities of $8.3m, net assets of $5.6m. It reported 36 employees.