Academy of Communication in Healthcare Inc

Analysis

Academy of Communication in Healthcare Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Communication in Healthcare Inc reported income of $1.6m and spending of $2.2m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.6m (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy of Communication in Healthcare Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Atrium Village Inc ($1.6m), A Womens Pregnancy Center Inc ($1.6m) and Happy Haven Homes Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $44k (2.0% of expenses). At year end it held assets of $1.2m against liabilities of $152k, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.