Alliance for Continuing Medical Education Inc

Analysis

Alliance for Continuing Medical Education Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1981, 45 years ago. 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, Alliance for Continuing Medical Education Inc reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.1m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alliance for Continuing Medical Education Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Council of State Governments ($2.1m), George Young Recreational Complex ($2.1m) and His Independence Project Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. At year end it held assets of $1.6m against liabilities of $1.2m, net assets of $386k.