American Association for Therapeutic Humor

Analysis

American Association for Therapeutic Humor is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2024, American Association for Therapeutic Humor reported income of $232k and spending of $206k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2024, income fell from $238k to $232k (-2.6%), an average of -1.3% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Association for Therapeutic Humor sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Vallejo Aquatic Club Inc ($232k), Dover-Sherborn Cable Accesscorporation ($232k) and Hispanic Coalition Corp ($232k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 37% of the total. At year end it held assets of $220k against liabilities of $20k, net assets of $200k.