Akron Area Intergroup Council of Aa

Analysis

Akron Area Intergroup Council of Aa is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 1994, 32 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, Akron Area Intergroup Council of Aa reported income of $779k and spending of $721k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $779k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Akron Area Intergroup Council of Aa sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Friends of the Kittitas County Fair Grounds Foundation ($779k), American Water Works Association ($779k) and Ficpa Scholarship Foundation Inc ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $91k (13% of expenses). At year end it held assets of $454k against liabilities of $4,129, net assets of $450k. It reported 2 employees.