American Society for Pharmacology and Experimental Therapeutics Inc

Analysis

American Society for Pharmacology and Experimental Therapeutics Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 1938, 88 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 for Pharmacology and Experimental Therapeutics Inc reported income of $5.7m and spending of $7.1m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $5.7m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Society for Pharmacology and Experimental Therapeutics Inc sits at the 80th percentile: it is larger than about 80% 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 American Society of Tropical Medicine and Hygiene ($5.7m), Community Education Group Inc ($5.7m) and A Plus Family Healthcare LLC ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $560k (7.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $30.2m against liabilities of $3.6m, net assets of $26.6m. It reported 22 employees.