American Association of Individual Investors

Analysis

American Association of Individual Investors is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, American Association of Individual Investors reported income of $7.4m and spending of $7.5m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $8.0m to $7.4m (-7.1%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Association of Individual Investors 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 94th percentile within IL. Charities of a similar size with the same main cause include Montgomery Academy a New Jersey Non Profit Corporation ($7.4m), National High School Rodeo Association Inc ($7.4m) and Legal Aid Association Greene County Missouri ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $835k (11% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.9m against liabilities of $14.3m, net assets of -$12.5m. It reported 41 employees.