American College of Physicians

Analysis

American College of Physicians is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in December 1977, 49 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 June 2024, American College of Physicians reported income of $146k and spending of $131k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $115k to $146k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 101% 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 Physicians sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Community Counseling Center Inc ($146k), Association of French Schools in America ($146k) and Centro Cristiano Alto Asambleas de Dios ($146k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.6% and program service revenue 37% of the total. At year end it held assets of $124k against liabilities of $209, net assets of $124k.