Academy of Management Inc

Analysis

Academy of Management Inc is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover employment, 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 December 2023, Academy of Management Inc reported income of $15.6m and spending of $14.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.6m to $15.6m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Academy of Management Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Rebuild Metro Inc ($15.5m), Disability in ($15.6m) and Heart of America Foundation ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.6m (11% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $55.7m against liabilities of $2.0m, net assets of $53.7m. It reported 41 employees.