The American Board of Anesthesiology Inc

Analysis

The American Board of Anesthesiology Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, The American Board of Anesthesiology Inc reported income of $25.4m and spending of $22.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.9m to $25.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The American Board of Anesthesiology Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Southwestern Behavioral Healthcare Inc ($25.4m), Provail ($25.4m) and New Horizons Area Mh-Mr-Sa Program ($25.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.9m (8.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $86.7m against liabilities of $37.3m, net assets of $49.4m. It reported 151 employees.