American Turkish Association Inc

Analysis

American Turkish Association Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 2013, 13 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, American Turkish Association Inc reported income of $401k and spending of $382k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $97k to $401k (+315%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Turkish Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Ballet Folklorico de Chicago ($401k), PAC 14 Inc ($401k) and New Brunswick Cultural Center Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. At year end it held assets of $705k against liabilities of $990, net assets of $704k.