NATIONAL BOARD OF MEDICAL EXAMINERS
3750 MARKET ST, PHILADELPHIA, PA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $189,758,430 | $178,563,223 | $368,685,505 |
| FY2023 | $174,159,356 | $163,735,447 | $325,704,997 |
| FY2022 | $170,264,713 | $147,523,156 | $283,650,857 |
| FY2021 | $198,319,114 | $147,446,165 | $246,705,636 |
| FY2020 | $147,961,859 | $158,761,733 | $165,336,443 |
| FY2019 | $180,705,162 | $177,615,287 | $146,674,901 |
| FY2018 | $175,436,266 | $172,353,556 | $124,236,972 |
| FY2017 | $175,591,889 | $167,550,910 | $177,636,701 |
| FY2016 | $158,255,403 | $161,704,467 | $128,302,732 |
| FY2015 | $154,368,929 | $145,079,048 | $121,610,466 |
| FY2014 | $148,010,066 | $133,565,330 | $155,334,433 |
| FY2013 | $136,253,820 | $124,908,110 | $155,424,353 |
| FY2012 | $123,051,908 | $113,479,812 | $132,384,202 |
| FY2011 | $116,899,163 | $108,234,528 | $116,337,519 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $173,506,146 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $143,380,773 | 80% |
| Management & general | $35,182,450 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2024. That is higher than 26.6% of 278 Health Care organizations in PA.
- Net assets covered about 24.8 months of expenses at the end of the reporting year. That puts it in the 67th percentile among 1094 Health Care organizations in PA.
- Total revenue was higher than 94.2% of 1128 Health Care organizations in PA.
- Total revenue rose from $116,899,163 in FY2011 to $189,758,430 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2016, FY2020).
- The highest revenue on record here is $198,319,114 in FY2021.
- Net assets grew from $116,337,519 to $368,685,505 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
NBME advances assessment of healthcare professionals to achieve optimal care for all.
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E030 — Health Care (in PA) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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