Society of Assisted Reproductive Technology

Analysis

Society of Assisted Reproductive Technology is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in February 1988, 38 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Society of Assisted Reproductive Technology reported income of $2.0m and spending of $1.2m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society of Assisted Reproductive Technology sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Secret Harbor ($2.0m), LA Cocina ($2.0m) and Beechwood Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $28k (2.4% of expenses). Other salaries and wages came to $65k. At year end it held assets of $8.4m against liabilities of $593k, net assets of $7.8m.