American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Albany, NY. 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).

In the financial year ending June 2024, American College of Physicians reported income of $316k and spending of $354k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $358k to $316k (-12%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 92% 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 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Royal Palm Sailing Club Inc ($316k), United Way of the Tri Valley Area ($316k) and Bright Tomorrows Inc ($316k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 31% of the total. At year end it held assets of $961k against liabilities of $2,866, net assets of $958k.