American Institute for Medical and Bioligical Engineering

Analysis

American Institute for Medical and Bioligical Engineering is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1971, 55 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 December 2023, American Institute for Medical and Bioligical Engineering reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Institute for Medical and Bioligical Engineering sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include New Horizons Shelter and Outreach Centers Inc ($1.1m), Greater Philadelphia Business Coalition on Health Inc ($1.1m) and Disabling Barriers ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $142k (14% of expenses). Other salaries and wages came to $339k. At year end it held assets of $4.5m against liabilities of $804k, net assets of $3.7m.