American Recorder Society Inc

Analysis

American Recorder Society Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1962, 64 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 August 2023, American Recorder Society Inc reported income of $231k and spending of $201k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $206k to $231k (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2022, when income dropped by 24%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Recorder Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Wordnet Inc ($231k), Blaine Birch Bay Seniors Association ($231k) and Top Hat 8 Repertory ($231k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $58k (29% of expenses). At year end it held assets of $433k against liabilities of $18k, net assets of $415k. It reported 2 employees.