Amateur Athletic Union of the US Inc

Analysis

Amateur Athletic Union of the US Inc is a registered charity in United States, based in LK Buena Vis, FL. It received its IRS tax-exemption ruling in January 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Amateur Athletic Union of the US Inc reported income of $34.2m and spending of $29.4m, spending 86% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $20.5m to $34.2m (+67%), an average of +19% a year. The sharpest change came in the year to August 2021, when income rose by 139%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amateur Athletic Union of the US Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Northwest Arkansas Food Bank ($34.1m), Mid-Florida Area Agency on Aging Inc ($34.2m) and San Diego Comic Convention ($34.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.4m (4.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $28.0m against liabilities of $6.1m, net assets of $21.9m. It reported 65 employees.