American Board of Clinical Lipidology Inc

Analysis

American Board of Clinical Lipidology Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2005, 21 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 Board of Clinical Lipidology Inc reported income of $51k and spending of $71k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $51k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Board of Clinical Lipidology Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Sentinel Node Oncology Foundation ($51k), Rose Garden Center for Hope and Healing ($51k) and Jordan Smelski Foundation for Amoeba Awareness Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $131k against liabilities of $1,200, net assets of $130k.