Metro Atlantic Athletic Conference
Analysis
Metro Atlantic Athletic Conference is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Metro Atlantic Athletic Conference reported income of $10.3m and spending of $9.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $10.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 88% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Metro Atlantic Athletic Conference sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include United States Hunter Jumper Association Inc ($10.2m), New England Futbol Club Inc ($10.3m) and Southeastern Virginia Areawide Model Program Inc ($10.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $633k (6.8% of expenses). Other salaries and wages came to $637k. At year end it held assets of $10.3m against liabilities of $919k, net assets of $9.4m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 93%
- Other 7.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United States Hunter Jumper Association Inc | Lexington | $10.2m |
| New England Futbol Club Inc | Mendon | $10.3m |
| Southeastern Virginia Areawide Model Program Inc | Norfolk | $10.2m |
| Special Olympics Southern California Inc | Long Beach | $10.4m |