American Council on Germany Inc

Analysis

American Council on Germany Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1954, 72 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, American Council on Germany Inc reported income of $1.9m and spending of $2.3m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.9m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Council on Germany Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Visionsynergy ($1.9m), Junior Achievement of Kentuckiana Inc ($1.9m) and Transafrican Development Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $665k (29% of expenses). Other salaries and wages came to $327k. At year end it held assets of $17.4m against liabilities of $2.5m, net assets of $14.9m. It reported 7 employees.