Academy for Eating Disorders

Analysis

Academy for Eating Disorders is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, 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, Academy for Eating Disorders reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy for Eating Disorders sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Samaritans of New York Inc ($1.1m), Project Heal - Help to Eat Accept & Live ($1.1m) and National Dental Association Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 92% of the total. At year end it held assets of $966k against liabilities of $630k, net assets of $336k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.