Accreditation Commission for Acupuncture and Oriental Medicine

Analysis

Accreditation Commission for Acupuncture and Oriental Medicine is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Accreditation Commission for Acupuncture and Oriental Medicine reported income of $1.0m and spending of $961k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $971k to $1.0m (+6.7%), an average of +1.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accreditation Commission for Acupuncture and Oriental Medicine sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Armenian Community Center of Greater Detroit ($1.0m), Project Learn Inc ($1.0m) and Chicago Debate Commission ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $185k (19% of expenses). Other salaries and wages came to $335k. At year end it held assets of $1.4m against liabilities of $119k, net assets of $1.3m. It reported 4 employees.