American Institute of Ultrasound in Medicine

Analysis

American Institute of Ultrasound in Medicine is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in December 1971, 55 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Institute of Ultrasound in Medicine reported income of $8.3m and spending of $8.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $8.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 94% 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 of Ultrasound in Medicine sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include The Memorial Foundation ($8.3m), The Camellia Foundation Inc ($8.3m) and Genesee Region Home Care of Ontario County ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $794k (9.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $16.8m against liabilities of $3.0m, net assets of $13.8m. It reported 33 employees.