American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in December 1977, 49 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 June 2023, American College of Physicians reported income of $182k and spending of $278k, spending 153% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $230k to $182k (-21%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American College of Physicians sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Beaufort County Committee of 100 Ltd ($182k), Sunrise Kiwanis Foundation of Fort Pierce Inc ($182k) and US for Warriors Foundation ($182k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 39% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.