EIN 13-1656692

United States Pharmacopoeial Convention (USP)

IRS 501(c) type
501(c)(3)
Num. employees
936
Year formed
1820
Most recent tax filings
2023-06-01
NTEE code, primary
Description
USP is a global health organization that sets standards for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements manufactured, distributed and consumed worldwide.
Also known as...
United States Pharmacopeial Convention
Total revenues
$346,271,530
2023
Total expenses
$313,280,612
2023
Total assets
$701,768,432
2023
Num. employees
936
2023

Grants made by USP

GranteeGrant descriptionAmount
Association for Accessible Medicines (GPhA)2023 GRX and Aam Access! Sponsorships$80,000
American Arthritis FoundationArthritis Healthcare Forum Sponsorship$37,502
National Health CouncilNewark Mentoring Movement - Capacity Builder Sponsor$25,000
...and 9 more grants made

Who funds United States Pharmacopoeial Convention (USP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jsi Research and Training InstituteOperational Support$261,783
National Institute Forpharmaceutical Technology and Education (NIPTE)Fda Subgrant Awards for Pharmaceutical Research$82,667

Personnel at USP

NameTitleCompensation
Ronald T PiervincenziChief Executive Officer$898,347
Stan BurhansSenior Vice President Operations and Chief Financial Officer
Stanley D BurhansChief Financial Officer$446,383
Jakob VenemaExecutive Vice President and Chief Science Officer$549,453
Robert L AndersonVice President , Marketing Comms Executive$326,364
...and 30 more key personnel

Financials for USP

RevenuesFYE 06/2023
Total grants, contributions, etc.$30,105,843
Program services$305,130,377
Investment income and dividends$9,877,318
Tax-exempt bond proceeds$0
Royalty revenue$234,034
Net rental income$0
Net gain from sale of non-inventory assets$486,401
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$437,557
Total revenues$346,271,530

Form 990s for USP

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-13990View PDF
2022-062022-11-15990View PDF
2021-062021-11-15990View PDF
2020-062021-04-02990View PDF
2019-062020-06-08990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 27, 2023
Received grants
Identified 2 new grant, including a grant for $261,783 from Jsi Research and Training Institute
July 11, 2023
Used new vendors
Identified 2 new vendors, including , and
July 7, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Professional associationsBusiness and community development organizationsCharities
Issues
HealthScience and technologyPublic policyBusiness and industry
Characteristics
LobbyingOperates internationallyReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
12601 Twinbrook Pkwy
Rockville, MD 20852
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
usp.org/ 
Phone
(301) 881-0666
Facebook page
USPharmacopeia 
Twitter profile
@uspharmacopeia 
IRS details
EIN
13-1656692
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1820
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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