International Society for Cellular Therapy

Analysis

International Society for Cellular Therapy is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, International Society for Cellular Therapy reported income of $5.8m and spending of $3.5m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.8m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Society for Cellular Therapy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Houston Independent School District Foundation ($5.8m), West Suburban Community Pantry Inc ($5.8m) and The Dawes Arboretum ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $699k (20% of expenses). Other salaries and wages came to $74k. At year end it held assets of $9.7m against liabilities of $2.0m, net assets of $7.7m.