American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Oak Park, IL. 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 2024, American College of Physicians reported income of $160k and spending of $204k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $207k to $160k (-22%), an average of -6.2% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 97% 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 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Newport Wilderness Society Inc ($160k), Eli Siegel-Martha Baird Foundation Inc ($160k) and Atlanta Good Church Inc ($160k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.