American College of Physicians Inc

Analysis

American College of Physicians Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover health care, 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 June 2023, American College of Physicians Inc reported income of $75.9m and spending of $76.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $87.3m to $75.9m (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 88% 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 Physicians Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Zion Health ($75.7m), Carilion Rockbridge Community Hospital ($75.9m) and Community Hospital of Noble County Inc ($75.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $8.0m (11% of expenses). At year end it held assets of $203.4m against liabilities of $67.5m, net assets of $135.9m. It reported 332 employees.