Americas Society Inc

Analysis

Americas Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1965, 61 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, Americas Society Inc reported income of $4.6m and spending of $6.5m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.3m to $4.6m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Americas Society Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Junior Achievement of Northern Indiana ($4.6m), International Labor Rights Forum ($4.6m) and Youth Development Labs Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $750k (11% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $70.0m against liabilities of $1.1m, net assets of $68.9m. It reported 97 employees.