Antique Engine & Tractors Association Incorporated

Analysis

Antique Engine & Tractors Association Incorporated is a registered charity in United States, based in Geneseo, IL. It received its IRS tax-exemption ruling in May 1987, 39 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 2023, Antique Engine & Tractors Association Incorporated reported income of $178k and spending of $104k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $178k (-18%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Antique Engine & Tractors Association Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($178k), Pop Warner Little Scholars Inc ($178k) and Volunteers of America Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. At year end it held assets of $724k against liabilities of $44k, net assets of $680k.