Association of Biomolecular Resource Facilities

Analysis

Association of Biomolecular Resource Facilities is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Association of Biomolecular Resource Facilities reported income of $2.1m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Biomolecular Resource Facilities sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Great Plains Christian Radio Inc ($2.1m), Arts at Large Inc ($2.1m) and Generals Redoubt ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. At year end it held assets of $2.1m against liabilities of $446k, net assets of $1.6m.