American Academy of Dermatology Inc

Analysis

American Academy of Dermatology Inc is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in June 1959, 67 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, American Academy of Dermatology Inc reported income of $46.7m and spending of $48.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.0m to $46.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Academy of Dermatology Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include American Board of Pediatrics Inc ($46.6m), Home Health and Hospice Care Inc ($46.7m) and Pathways Inc ($46.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $6.1m (13% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $108.7m against liabilities of $57.6m, net assets of $51.1m. It reported 214 employees.