American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Trenton, NJ. 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 $179k and spending of $256k, spending 143% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $204k to $179k (-12%), an average of -6.3% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 93% 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 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Aresis Ensemble Inc ($179k), Missouri Congress of Parents and Teachers ($179k) and Diaspora African Forum Foundation Inc ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 66% of the total. At year end it held assets of $427k against liabilities of $3,588, net assets of $424k.