Foundation of the American College of Healthcare Executives

Analysis

Foundation of the American College of Healthcare Executives is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation of the American College of Healthcare Executives reported income of $13.9m and spending of $16.0m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.8m to $13.9m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of the American College of Healthcare Executives sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Commonlit Inc ($13.9m), Mt Bethel Christian Academy Inc ($13.9m) and Suny Impact Foundation Inc ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $533k (3.3% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $86.1m against liabilities of $3.4m, net assets of $82.7m.