Academy Health

Analysis

Academy Health is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy Health reported income of $17.9m and spending of $15.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $17.9m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy Health sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Riveon Mental Health and Recovery ($17.9m), Community Rehabilitation Services Inc ($17.9m) and All Childrens Research Institute Inc ($17.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $2.3m (15% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $17.3m against liabilities of $11.9m, net assets of $5.4m. It reported 63 employees.