Association for the Advancement of Baltic Studies Inc

Analysis

Association for the Advancement of Baltic Studies Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Association for the Advancement of Baltic Studies Inc reported income of $253k and spending of $364k, spending 144% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $143k to $253k (+78%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 142%. Over the whole period it spent 134% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Association for the Advancement of Baltic Studies Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Iglesia Ministerios de Reconciliacion Internacional ($253k), Kizimani ($253k) and For Haiti with Love Inc ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $96k (26% of expenses). At year end it held assets of $3.9m against liabilities of $16k, net assets of $3.9m.