Accreditation Council for Graduate Medical Education

Analysis

Accreditation Council for Graduate Medical Education is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Accreditation Council for Graduate Medical Education reported income of $84.7m and spending of $80.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75.2m to $84.7m (+13%), an average of +3.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accreditation Council for Graduate Medical Education sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Goucher College ($84.6m), Ohio University Foundation ($85.1m) and Corporation for Education Network Initiatives in California ($84.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.7m (3.4% of expenses). Other salaries and wages came to $36.4m. At year end it held assets of $122.1m against liabilities of $51.1m, net assets of $70.9m. It reported 362 employees.