Accreditation for Cardiovascular Excellence Inc

Analysis

Accreditation for Cardiovascular Excellence Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover medical research, 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, Accreditation for Cardiovascular Excellence Inc reported income of $340k and spending of $252k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $444k to $340k (-23%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Accreditation for Cardiovascular Excellence Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Ellenville Regional Hospital Foundation Inc ($340k), Neuro-Optometric Rehabilitation Asc Inc ($340k) and Breast Cancer Solutions ($340k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $800k against liabilities of $54k, net assets of $747k.