American Economic Association Inc

Analysis

American Economic Association Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1944, 82 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 December 2023, American Economic Association Inc reported income of $14.0m and spending of $14.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $14.0m (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Economic Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Buffalo Philharmonic Orchestra Society Inc ($14.0m), Etv Endowment of South Carolina Inc ($14.0m) and French International School of Oregon ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.2m (8.2% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $54.4m against liabilities of $5.9m, net assets of $48.5m. It reported 91 employees.