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Alliance for Academic Internal Medicine Inc

RegisteredEIN 27-3063631Alexandria, VAEducation and training
Income$8.3m2024-06
Spending$9.0msame year
Spent / received95%5-year average
Size in its cause92nd pctEducation and training
Exempt since2011Publicly supported organisat
Employees30latest return

Analysis

Alliance for Academic Internal Medicine Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Alliance for Academic Internal Medicine Inc reported income of $8.3m and spending of $9.0m, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.4m to $8.3m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance for Academic Internal Medicine Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Parker Performing Arts School ($8.3m), Community Partnership of Alabama Inc ($8.3m) and Cambridge Michigan Language Assessment LLC ($8.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $746k (8.3% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $16.3m against liabilities of $4.0m, net assets of $12.3m. It reported 30 employees.

Income and spending

$0$2.3m$4.5m$6.8m$9.0m2020 Income: $6,391,2772020 Spending: $5,479,61920202021 Income: $7,060,0612021 Spending: $5,247,04720212022 Income: $6,917,3702022 Spending: $7,125,47220222023 Income: $8,192,9662023 Spending: $8,073,00520232024 Income: $8,305,1362024 Spending: $9,026,8782024
IncomeSpending

Where the income comes from

  • Program services 96%
  • Other 4.2%

Similar-sized charities, same cause

CharityLocationIncome
Parker Performing Arts SchoolParker$8.3m
Community Partnership of Alabama IncBirmingham$8.3m
Cambridge Michigan Language Assessment LLCAnn Arbor$8.3m
Skillup CoalitionSan Francisco$8.3m