ASSOCIATION OF AMERICAN MEDICAL COLLEGES
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$353,956,949
Program Services
77%
Other
18%
Investments
4%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$283,713,486
Salaries & Benefits
52%
Fees to Service Providers
21%
Offices, Occupancy & IT
11%
Depreciation
8%
Other
6%
Interest
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$1,521,947
$1,221,016
-20%
Government Grants
$1,783,442
$772,531
-57%
Fundraising Events
$0
$0
-
Program Services
$274,350,486
$273,037,184
0%
Membership Dues
$0
$0
-
Investments
$11,818,001
$14,315,333
+21%
Other
$14,271,553
$64,610,885
+353%
Total Revenues
$303,745,429
$353,956,949
+17%
Expenses
2024
2025
Change
Grants
$1,791,409
$1,098,713
-39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$142,267,493
$146,749,228
+3%
Fees to Service Providers
$65,462,697
$60,102,789
-8%
Advertising & Promotion
$296,573
$240,997
-19%
Offices, Occupancy & IT
$30,426,478
$31,997,210
+5%
Interest
$3,100,425
$3,003,319
-3%
Depreciation
$23,694,894
$24,034,445
+1%
Other
$18,737,043
$16,486,785
-12%
Total Expenses
$285,777,012
$283,713,486
-1%
Net income
2024
2025
Change
Net income
+$17,968,417
+$70,243,463
+291%
Functional Expenses
Summary
2024
2025
Change
Program
$249,739,239
$247,800,272
-1%
Admin
$33,197,916
$33,083,173
0%
Fundraising
$2,839,857
$2,830,041
0%
Total Expenses
$285,777,012
$283,713,486
-1%
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