FY2020 Osteopathic Medical College Revenues and Expenditures (Excel)

For fiscal year (FY)2020, 36 private colleges of osteopathic medicine (COMs) and 7 public COMs reported data, including one new private COM since FY2019. FY2020 data stems from AACOM's 2021-22 Annual Osteopathic Medical School Questionnaire (Annual Survey).  The timeframe for FY2020 is July 1, 2019 - June 30, 2020. 

Private COMs reported an excess of $317.91Mil and public COMs reported an excess of $94.30Mil in revenues over expenditures and transfers for FY2020. Compared to FY2019, there is a difference of $25.24Mil or a 7.4 percent decrease for private COMs and a difference of $67.16Mil or a 41.6 percent decrease for public COMs.

For FY2020, there is a difference of $223.61Mil between private and public COMs in excess revenues over expenditures and transfers. Compared to FY2019, this is an increase in the gap between private and public COMs, which was a difference of $181.69Mil in excess revenues over expenditures and transfers.

Seventeen private COMs reported an increase since FY2019. Out of the 17 private COMs that reported an increase, 13 private COMs reported a higher gain or surplus, two private COMs reported an increase but are still in the red or negative, and two private COMs previously in the red or negative reported a surplus or are in the green for FY2020. Sixteen private COMs reported a decrease in revenues over expenditures and transfers since FY2019.  Out of the 16 private COMs that reported a decrease, 11 private COMs still have a surplus or are in the green, two private COMs that reported a surplus or were in the green for FY2019 are now in the red or negative, and three private COMs are going further into the red or negative for FY2020.  One private COM has reported breaking even for three consecutive fiscal years (FY2017, FY2019 and FY2020), while another private COM has newly reported breaking even or being in the black for FY2020.

Compared to FY2019, two public COMs reported an increase in revenues over expenditures and transfers while five public COMs reported a decrease in revenues over expenditures and transfers.  Out of the five public COMs that reported a decrease for FY2020, two public COMs that previously reported a surplus or were in the green for FY2019 are now in the red or negative.   

Notes: 

COMs were administered an abbreviated version of AACOM's 2019-20 Annual Survey due to the COVID-19 pandemic and COM operations consequently affected.  COM deans voted on which sections to complete for the abbreviated version, which omitted sections that would have collected FY2018 revenues and expenditures data.  Therefore, FY2018 data are unavailable and FY2017 data have been used instead for this data analysis comparison. 

Figures may not sum due to rounding.