American Society for Investigative Pathology Inc

Analysis

American Society for Investigative Pathology Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover medical research, 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 Society for Investigative Pathology Inc reported income of $1.9m and spending of $3.0m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.9m (-19%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 118% 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 for Investigative Pathology Inc 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 84th percentile within MD. Charities of a similar size with the same main cause include Sixth Avenue Psychiatricrehabilitation Partners Inc ($1.9m), Southwest Georgia Area Health Education Center Inc ($1.9m) and Main Line Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $562k (19% of expenses). Other salaries and wages came to $779k. At year end it held assets of $4.7m against liabilities of $2.5m, net assets of $2.2m. It reported 12 employees.

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.