American Board of Pediatrics Inc

Analysis

American Board of Pediatrics Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in August 1964, 62 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 October 2023, American Board of Pediatrics Inc reported income of $46.6m and spending of $33.7m, leaving 28% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $37.6m to $46.6m (+24%), an average of +5.5% a year. The sharpest change came in the year to October 2020, when income rose by 15%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Board of Pediatrics Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Pathways Inc ($46.5m), American Academy of Dermatology Inc ($46.7m) and Music City Prep Clinic ($46.5m).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $5.5m (16% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $184.9m against liabilities of $45.8m, net assets of $139.1m. It reported 129 employees.