American Society of Sugar Beet Technologists Inc

Analysis

American Society of Sugar Beet Technologists Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 of Sugar Beet Technologists Inc reported income of $374k and spending of $306k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $374k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 5660%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Society of Sugar Beet Technologists Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Proyecto Desarrollo Humano ($374k), New 2 You Family Thrift Inc ($374k) and Parker Senior Center Inc ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. At year end it held assets of $280k against liabilities of $5,409, net assets of $275k.