American Finance Association

Analysis

American Finance Association is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in February 1954, 72 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Finance Association reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.9m (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Finance Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include The Cornerstone Foundation Incorporated ($2.9m), Target Eight Advisory Council ($2.9m) and Choices Womens Clinic Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $282k (11% of expenses). Other salaries and wages came to $68k. At year end it held assets of $26.7m against liabilities of $1.9m, net assets of $24.8m. It reported 4 employees.