American College of Allergy & Immunology

Analysis

American College of Allergy & Immunology is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in November 1944, 82 years ago. 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 December 2023, American College of Allergy & Immunology reported income of $11.4m and spending of $10.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $11.4m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American College of Allergy & Immunology sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include St Francis Research and Educational Corporation ($11.4m), Solomon Schechter Day School of Bergen County ($11.4m) and Golden Age Inc ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $255k (2.5% of expenses). Other salaries and wages came to $437k. At year end it held assets of $45.2m against liabilities of $2.6m, net assets of $42.5m.