American Research Institute in Turkey Inc

Analysis

American Research Institute in Turkey Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 Research Institute in Turkey Inc reported income of $984k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $952k to $984k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Research Institute in Turkey Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Ballet Five Eight NFP ($984k), Museum of American Armor Inc ($984k) and Lifetime Arts ($984k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $217k (20% of expenses). Other salaries and wages came to $28k. At year end it held assets of $2.7m against liabilities of $550k, net assets of $2.1m. It reported 5 employees.