American Association of Teachers of Italian

Analysis

American Association of Teachers of Italian is a registered charity in United States, based in Westwood, NJ. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, American Association of Teachers of Italian reported income of $220k and spending of $159k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $220k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Teachers of Italian sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Global Korean Nursing Foundation Inc ($220k), Arts As Healing Foundation ($220k) and Knowledge Systems Institute ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $672k against liabilities of $0, net assets of $672k.