American Civic Association Inc

Analysis

American Civic Association Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in February 1941, 85 years ago. 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 2022, American Civic Association Inc reported income of $353k and spending of $574k, spending 163% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $480k to $353k (-26%), an average of -9.7% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Civic Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Cambria Community Council Inc ($353k), Baraboo Community Scholarship Corporation ($353k) and Spark Life Services ($353k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 62% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $48k (8.3% of expenses). Other salaries and wages came to $311k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 18 employees.