American Marketing Association Inc

Analysis

American Marketing Association Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, American Marketing Association Inc reported income of $14.4m and spending of $16.6m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.6m to $14.4m (-14%), an average of -3.6% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Marketing Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Old Spanish Trail-Almeda Corridors Redevelopment Authority ($14.3m), True North Goodwill Northern Minnesota and Northwestern Wiscons ($14.4m) and West Ohio Community Action Partnership ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.9m (11% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $13.0m against liabilities of $7.3m, net assets of $5.7m. It reported 99 employees.