American Association of Colleges of Pharmacy

Analysis

American Association of Colleges of Pharmacy is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2023, American Association of Colleges of Pharmacy reported income of $11.3m and spending of $12.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.1m to $11.3m (-14%), an average of -3.7% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Association of Colleges of Pharmacy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include One Mind ($11.3m), Healtheway Inc ($11.3m) and Walnut Street Community Health Center Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.3m (19% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $14.8m against liabilities of $8.1m, net assets of $6.7m. It reported 46 employees.