American Turkish Society Inc

Analysis

American Turkish Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1950, 76 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Turkish Society Inc reported income of $821k and spending of $561k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $821k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 63% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Turkish Society Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Water Engineers for the Americas ($820k), International Center ($821k) and Friends of the British Council USA ($820k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. Compensation of current officers, directors and key employees was $123k (22% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.6m against liabilities of $34k, net assets of $1.5m. It reported 2 employees.