Mid-Atlantic Society of Association Executives Inc

Analysis

Mid-Atlantic Society of Association Executives Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in July 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, Mid-Atlantic Society of Association Executives Inc reported income of $81k and spending of $124k, spending 153% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $151k to $81k (-47%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Atlantic Society of Association Executives Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include American Society of Civil Engineers ($81k), Mankato West Booster Club ($81k) and Bernadette Place ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 57% of the total. At year end it held assets of $87k against liabilities of $7,640, net assets of $79k.