American Academy of Child & Adoles

Analysis

American Academy of Child & Adoles is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1961, 65 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, American Academy of Child & Adoles reported income of $11.6m and spending of $12.2m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.4m to $11.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Academy of Child & Adoles sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Guide Dog Foundation for the Blind Inc ($11.6m), Wesley Village Inc ($11.6m) and Aloha House Inc ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $486k (4.0% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $29.4m against liabilities of $5.0m, net assets of $24.4m. It reported 39 employees.