Association for Computing Machinery Inc

Analysis

Association for Computing Machinery Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2023, Association for Computing Machinery Inc reported income of $91.1m and spending of $78.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83.9m to $91.1m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for Computing Machinery Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include National September 11 Memorial and Museum at the World Trade Center ($90.3m), Minnesota Historical Society ($91.5m) and Pittsburgh Cultural Trust ($89.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $244.3m against liabilities of $72.6m, net assets of $171.7m. It reported 80 employees.