American Society for Matrix Biology

Analysis

American Society for Matrix Biology is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 for Matrix Biology reported income of $130k and spending of $117k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $130k (-35%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society for Matrix Biology sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Durham Art Guild Inc ($130k), All Beaches Experimental Theatre Inc ($130k) and Tallahassee Youth Orchestras Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 23% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.