National Board of Osteopathic Medical Examiners Inc

Analysis

National Board of Osteopathic Medical Examiners Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, National Board of Osteopathic Medical Examiners Inc reported income of $32.4m and spending of $30.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $35.0m to $32.4m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Board of Osteopathic Medical Examiners Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Mind Education ($32.1m), National Football Museum Inc ($32.5m) and Center for Transportation and the Enviroment Inc ($32.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2.2m (7.3% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $46.3m against liabilities of $17.6m, net assets of $28.7m. It reported 130 employees.