Association for Managers of Innovation

Analysis

Association for Managers of Innovation is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Association for Managers of Innovation reported income of $68k and spending of $66k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $68k (+248%), an average of +248% a year. The sharpest change came in the year to December 2023, when income rose by 248%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Managers of Innovation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include New Hilmar Pool Fund ($68k), Great East Lake Improvement Association ($68k) and Christian Bible College and Seminary ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.3% of the total. At year end it held assets of $90k against liabilities of $28k, net assets of $62k.