International Association of Assessing Officers

Analysis

International Association of Assessing Officers is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1995, 31 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 2022, International Association of Assessing Officers reported income of $6.9m and spending of $5.7m, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $5.6m to $6.9m (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Association of Assessing Officers sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Abilities Inc ($6.9m), League of Women Voters Education Fund ($6.9m) and Stuart Hall School for Boys ($6.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $271k (4.8% of expenses). At year end it held assets of $10.0m against liabilities of $1.9m, net assets of $8.0m. It reported 29 employees.