American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Henrico, VA. 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 $173k and spending of $173k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $112k to $173k (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 81% 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 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Crispus Attucks Fund Inc ($173k), Love to Serve Incorporated ($173k) and Minnesota Nurses Assoc Foundation in Honor of Katherine D Dreves ($173k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 70% of the total. At year end it held assets of $336k against liabilities of $2,942, net assets of $333k.