American Academy of Hospice & Palliative Medicine Inc

Analysis

American Academy of Hospice & Palliative Medicine Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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, American Academy of Hospice & Palliative Medicine Inc reported income of $7.7m and spending of $8.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.6m to $7.7m (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Academy of Hospice & Palliative Medicine Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include State Leadership Project ($7.7m), Hospice of Midland Incorporated ($7.7m) and Community Action Agency of Butte County Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 77% of the total. At year end it held assets of $11.0m against liabilities of $3.0m, net assets of $8.0m.