Association of American Physicians

Analysis

Association of American Physicians is a registered charity in United States, based in Van Buren TWP, MI. It received its IRS tax-exemption ruling in March 1983, 43 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 October 2023, Association of American Physicians reported income of $534k and spending of $388k, leaving 27% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $357k to $534k (+50%), an average of +11% a year. The sharpest change came in the year to October 2022, when income rose by 32%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of American Physicians sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Vow Now Corp ($534k), Washington Area Frisbee Club Inc ($534k) and Ua-Pb Alumni Scholarship Endowment Fund University of Arkansas ($534k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.