American Council on Exercise
Analysis
American Council on Exercise is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, American Council on Exercise reported income of $19.6m and spending of $24.8m, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $24.9m to $19.6m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 105% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, American Council on Exercise sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include United States of America Wrestling Association ($19.6m), Irvine Ice Foundation ($20.4m) and Rinks Foundation ($19.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $2.0m (8.2% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $16.7m against liabilities of $10.3m, net assets of $6.4m. It reported 101 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 67%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United States of America Wrestling Association | Colorado Springs | $19.6m |
| Irvine Ice Foundation | Irvine | $20.4m |
| Rinks Foundation | Irvine | $19.0m |
| Jewish Community Center of Dallas | Dallas | $20.6m |