American General Training Inc

Analysis

American General Training Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, American General Training Inc reported income of $305k and spending of $255k, spending 83% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $217k to $305k (+41%), an average of +7.1% a year. The sharpest change came in the year to March 2022, when income rose by 236%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American General Training Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Olympia Rotary Foundation ($305k), Conversation Group ($305k) and Vision Brooking Foundation ($305k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $146k. At year end it held assets of $56k against liabilities of $1,481, net assets of $55k. It reported 6 employees.