American Society for Experimental Neurotherapeutics Inc

Analysis

American Society for Experimental Neurotherapeutics Inc is a registered charity in United States, based in Haddonfield, NJ. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, American Society for Experimental Neurotherapeutics Inc reported income of $509k and spending of $393k, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $479k to $509k (+6.2%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Society for Experimental Neurotherapeutics Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Jessran Corporation ($508k), First Community Capital Inc ($509k) and Tera Koti Reddy Charitable Foundation ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $82k (21% of expenses). At year end it held assets of $256k against liabilities of $0, net assets of $256k.