Association Of American Medical Colleges
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 218,245,674 | 233,080,062 | −14,834,388 | 15.5 | 39% |
| 2021 | 251,933,453 | 220,649,070 | 31,284,383 | 21.3 | 43% |
| 2022 | 265,885,546 | 245,767,510 | 20,118,036 | 18.1 | 39% |
| 2023 | 281,470,206 | 271,031,295 | 10,438,911 | 17.8 | 38% |
In its most recent public year (2023), this organization brought in $10,438,911 more than it spent. Its reserves stood at about 17.8 months of spending, up from 15.5 in 2020. Staff pay was 38% of spending. $3,934,566 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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