American College of Radiology Foundation

Analysis

American College of Radiology Foundation is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American College of Radiology Foundation reported income of $616k and spending of $666k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $616k (-68%), an average of -25% a year. The sharpest change came in the year to June 2022, when income rose by 184%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American College of Radiology Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include The Azraq Education and Community Fund Inc ($616k), Pablove Foundation Inc ($617k) and October Saves Goalie Challenge ($615k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% of the total. Other salaries and wages came to $276. At year end it held assets of $12.8m against liabilities of $1.2m, net assets of $11.6m. It reported 1 employees.