Academy of Managed Care Pharmacy Foundation-A New Jersey Nonprofit

Analysis

Academy of Managed Care Pharmacy Foundation-A New Jersey Nonprofit is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Managed Care Pharmacy Foundation-A New Jersey Nonprofit reported income of $795k and spending of $934k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $902k to $795k (-12%), an average of -3.1% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy of Managed Care Pharmacy Foundation-A New Jersey Nonprofit sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Vincent Club ($795k), Community Health Alliance Foundation ($795k) and Cape Vincent Ambulance Squad Inc ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Other salaries and wages came to $377k. At year end it held assets of $1.7m against liabilities of $946k, net assets of $764k.