American College of Diabetology Inc

Analysis

American College of Diabetology Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 Diabetology Inc reported income of $72k and spending of $407k, spending 565% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $818k to $72k (-91%), an average of -91% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 46% 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 Diabetology Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Kylie Roses Run ($72k), World Child Cancer USA ($72k) and National Charity League Heart of Kansas City ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 56% of the total. Other salaries and wages came to $83k. At year end it held assets of $510k against liabilities of $370k, net assets of $140k. It reported 2 employees.