American Board of Pediatrics Foundation Inc

Analysis

American Board of Pediatrics Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, American Board of Pediatrics Foundation Inc reported income of $1.1m and spending of $1.6m, spending 149% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $2.2m to $1.1m (-50%), an average of -16% a year. The sharpest change came in the year to October 2021, when income dropped by 63%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Board of Pediatrics Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Food Chain Workers Alliance Inc ($1.1m), United Power for Action & Justice Inc ($1.1m) and Leadership Pittsburgh Inc ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $5.6m against liabilities of $325k, net assets of $5.2m.

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.