American Society of Hand Therapists

Analysis

American Society of Hand Therapists is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in February 1996, 30 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 December 2023, American Society of Hand Therapists reported income of $2.2m and spending of $2.5m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+12%), an average of +3.0% a year. Over the whole period it spent 102% 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 Hand Therapists sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Postnatal Help ($2.1m), Cystic Fibrosis Research Institute ($2.2m) and Oregon Community Health Workers Association ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $30k (1.2% of expenses). At year end it held assets of $1.9m against liabilities of $679k, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.