Anesthesia Quality Institute

Analysis

Anesthesia Quality Institute is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anesthesia Quality Institute reported income of $2.4m and spending of $2.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $2.4m (-47%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anesthesia Quality Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Creative Growth Inc ($2.4m), Transplantation Society ($2.4m) and East Area Volunteer Emergency Service Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $178k (6.5% of expenses). Other salaries and wages came to $782k. At year end it held assets of $284k against liabilities of $188k, net assets of $97k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.