Antique Automobile Club of America

Analysis

Antique Automobile Club of America is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in March 1960, 66 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Antique Automobile Club of America reported income of $2.5m and spending of $2.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.1m to $2.5m (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Antique Automobile Club of America sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include National Council for the Traditional Arts ($2.5m), Rockport Music Inc ($2.5m) and Muse Knoxville ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $160k (7.1% of expenses). Other salaries and wages came to $511k. At year end it held assets of $23.9m against liabilities of $849k, net assets of $23.1m. It reported 11 employees.