American Conference of Cantors Inc

Analysis

American Conference of Cantors Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in April 1971, 55 years ago. 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 July 2024, American Conference of Cantors Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.2m to $1.5m (+28%), an average of +5.0% a year. The sharpest change came in the year to July 2024, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Conference of Cantors Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Kings Daughters Day Home ($1.5m), Amateur Athletic Union of the United States Inc ($1.5m) and Wilmington Future Inc ($1.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $158k (11% of expenses). Other salaries and wages came to $429k. At year end it held assets of $8.4m against liabilities of $6.1m, net assets of $2.3m. It reported 11 employees.