American Academy of Home Care Medicine Inc

Analysis

American Academy of Home Care Medicine Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 1996, 30 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, American Academy of Home Care Medicine Inc reported income of $911k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $911k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Academy of Home Care Medicine Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Brainfutures Incorporated ($910k), H-Cap Education Association Inc ($911k) and Tennessee Memory Disorders Foundation ($910k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. At year end it held assets of $552k against liabilities of $359k, net assets of $193k.