American Association of Veterinary Medical Colleges

Analysis

American Association of Veterinary Medical Colleges is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, American Association of Veterinary Medical Colleges reported income of $7.7m and spending of $8.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $7.7m (+36%), an average of +8.0% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Veterinary Medical Colleges sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Achieve Charter School of Paradise Inc ($7.7m), University High School ($7.7m) and Stanley Clark School ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $347k (4.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $16.2m against liabilities of $5.2m, net assets of $11.0m. It reported 26 employees.