Advocates for the American Osteopathic Association

Analysis

Advocates for the American Osteopathic Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1950, 76 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 May 2023, Advocates for the American Osteopathic Association reported income of $85k and spending of $128k, spending 151% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $163k to $85k (-48%), an average of -15% a year. The sharpest change came in the year to May 2021, when income dropped by 35%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advocates for the American Osteopathic Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Onondaga County Volunteer Firemen ($85k), Kalihi Kai JLS ($85k) and Sun Club Inc ($85k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 58% and program service revenue 3.6% of the total. At year end it held assets of $648k against liabilities of $45k, net assets of $603k.