Audio Industry Resources Inc

Analysis

Audio Industry Resources Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Audio Industry Resources Inc reported income of $63k and spending of $46k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $63k (+15%), an average of +15% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Audio Industry Resources Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Henderson Memorial Public Library Foundation ($63k), Forsyth Central High School Soccer Booster Club Inc ($63k) and Anna Local Schools Education Foundation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.