American College of Gastroenterology Inc

Analysis

American College of Gastroenterology Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in June 1954, 72 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 College of Gastroenterology Inc reported income of $27.3m and spending of $21.1m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.4m to $27.3m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American College of Gastroenterology 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 97th percentile within MD. Charities of a similar size with the same main cause include Hospital for Special Surgery Fund Inc ($27.3m), Creative Health Services Inc ($27.3m) and Hillcrest Extented Care Services Inc ($27.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $2.0m (9.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $289.8m against liabilities of $7.9m, net assets of $281.9m. It reported 49 employees.