American Alpine Club

Analysis

American Alpine Club is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in February 1960, 66 years ago. 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 September 2023, American Alpine Club reported income of $5.0m and spending of $5.8m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.9m to $5.0m (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Alpine Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include The University of Texas Rio Grande Valley Foundation ($5.0m), Lifesitenews Com Inc ($5.0m) and Habitat for Humanity International Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $223k (3.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.7m against liabilities of $2.3m, net assets of $5.4m. It reported 52 employees.