American Society of Consultant Pharmacists Foundation

Analysis

American Society of Consultant Pharmacists Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1987, 39 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 September 2023, American Society of Consultant Pharmacists Foundation reported income of $277k and spending of $209k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $43k to $277k (+546%), an average of +59% a year. The sharpest change came in the year to September 2023, when income rose by 182%. Over the whole period it spent 235% 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 Consultant Pharmacists Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Pacific Traditions Society ($277k), Idmi Inc ($277k) and SS & C Conference Corporation ($277k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $19k (9.2% of expenses). At year end it held assets of $1.5m against liabilities of $239k, net assets of $1.3m.