The Appraisal Institute of America Inc

Analysis

The Appraisal Institute of America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, The Appraisal Institute of America Inc reported income of $626k and spending of $712k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $679k to $626k (-7.8%), an average of -2.0% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Appraisal Institute of America Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include University Rotary Service Fund ($626k), World Strategic Forum Inc ($626k) and Bostons Higher Ground ($626k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $111k (16% of expenses). Other salaries and wages came to $180k. At year end it held assets of $1.5m against liabilities of $639k, net assets of $840k.