Association of Public Health Laboratories Inc

Analysis

Association of Public Health Laboratories Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 December 2023, Association of Public Health Laboratories Inc reported income of $113.2m and spending of $115.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56.2m to $113.2m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Public Health Laboratories Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Massachusetts Higher Education Assistance Corporation ($113.1m), Ach Child and Family Services ($113.9m) and Concordia University St Paul ($112.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $2.1m (1.8% of expenses). Other salaries and wages came to $20.4m. At year end it held assets of $29.4m against liabilities of $19.5m, net assets of $9.9m. It reported 261 employees.