American Academy of Osteopathy

Analysis

American Academy of Osteopathy is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1949, 77 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 July 2023, American Academy of Osteopathy reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.4m to $1.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to July 2022, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Academy of Osteopathy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Friendship House Inc ($1.5m), Cornerstone Recovering Community ($1.5m) and Free Clinic of Central Va Inc ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $140k (9.2% of expenses). Other salaries and wages came to $162k. At year end it held assets of $4.5m against liabilities of $1.6m, net assets of $2.9m. It reported 6 employees.