American Burn Association Inc
Analysis
American Burn Association Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Burn Association Inc reported income of $7.6m and spending of $7.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $7.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 88% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Burn Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include California State University San Marcos Foundation ($7.6m), United Tissue Network Inc ($7.6m) and Rochester Mental Health Center ($7.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $391k (5.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.1m against liabilities of $2.8m, net assets of $3.3m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.4%
- Program services 86%
- Other 7.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| California State University San Marcos Foundation | San Marcos | $7.6m |
| United Tissue Network Inc | Phoenix | $7.6m |
| Rochester Mental Health Center | Rochester | $7.6m |
| International Council for Veterinary Assessment | Chicago | $7.6m |