American Society of Addiction Medicine Inc

Analysis

American Society of Addiction Medicine Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2022, American Society of Addiction Medicine Inc reported income of $79k and spending of $88k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $144k to $79k (-45%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 66% 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 of Addiction Medicine Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Redemption Asheville Inc ($79k), Tony Open ($79k) and Alano Club of Redding Inc ($79k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,300 (8.3% of expenses). At year end it held assets of $99k against liabilities of $0, net assets of $99k.