American College of Endocrinology Inc

Analysis

American College of Endocrinology Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover medical research, 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, American College of Endocrinology Inc reported income of $9.3m and spending of $11.6m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $9.3m (+253%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American College of Endocrinology Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Aces for Autism ($9.3m), FLH Medical PC ($9.3m) and Farnham Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $1.5m (13% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $6.7m against liabilities of $9.9m, net assets of -$3.2m.

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.