American Society of Plant Biologists

Analysis

American Society of Plant Biologists is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in December 1976, 50 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 Society of Plant Biologists reported income of $5.7m and spending of $6.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.0m to $5.7m (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Plant Biologists sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Gluten Intolerance Group of North America ($5.7m), Summit Speech School ($5.7m) and The Arthur Page Society ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $543k (8.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $19.4m against liabilities of $1.4m, net assets of $18.0m. It reported 24 employees.