The Association of Midwest Academic Anesthesia Chairs Inc

Analysis

The Association of Midwest Academic Anesthesia Chairs Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 September 2023, The Association of Midwest Academic Anesthesia Chairs Inc reported income of $365k and spending of $343k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $382k to $365k (-4.5%), an average of -1.2% a year. The sharpest change came in the year to September 2022, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Association of Midwest Academic Anesthesia Chairs Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Pittsburg Community Child Care Learning Center Inc ($365k), Cope Environmental Center Inc ($365k) and Lemon L Smith Clinic ($365k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.