American Board of Clinical Chemistry Inc

Analysis

American Board of Clinical Chemistry Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1951, 75 years ago. 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 December 2023, American Board of Clinical Chemistry Inc reported income of $171k and spending of $98k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $171k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Board of Clinical Chemistry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Scotland Community Association Inc ($171k), Peters Township Swim Club ($171k) and Active Seniors Options Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $287k against liabilities of $638, net assets of $287k.