American Rental Association Foundation

Analysis

American Rental Association Foundation is a registered charity in United States, based in Moline, IL. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Rental Association Foundation reported income of $323k and spending of $382k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $323k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Rental Association Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Downtown Westfield Neighborhoodassociation ($323k), Discover Downtown Middlesboro Inc ($323k) and Junior League of Miami Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.5m against liabilities of $15k, net assets of $1.5m.