American Poetry Review

Analysis

American Poetry Review is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 December 2023, American Poetry Review reported income of $178k and spending of $227k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $254k to $178k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Poetry Review sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Alabama Scholastic Competition Association ($178k), Nami of Southwest Missouri Inc ($178k) and Keep Hall Beautiful ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $93k. At year end it held assets of $105k against liabilities of $84k, net assets of $21k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.