Acgme International Group Inc
Analysis
Acgme International Group Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Acgme International Group Inc reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $3.0m (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 58% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acgme International Group Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Woolley Institute for Spoken- Language and Education ($3.0m), Institutes for the Achievement of Human Potential ($3.0m) and Northern Lights Health Care Partnership Inc ($3.0m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $912k (31% of expenses). Other salaries and wages came to $169k. At year end it held assets of $8.0m against liabilities of $654k, net assets of $7.4m.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Woolley Institute for Spoken- Language and Education | Hoover | $3.0m |
| Institutes for the Achievement of Human Potential | Wyndmoor | $3.0m |
| Northern Lights Health Care Partnership Inc | Ogdensburg | $3.0m |
| Commonwealth Community Trust Endowment Fund | Henrico | $3.0m |