American Academy of Matrimonial Lawyers Foundation

Analysis

American Academy of Matrimonial Lawyers Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Academy of Matrimonial Lawyers Foundation reported income of $585k and spending of $424k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $585k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Academy of Matrimonial Lawyers Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Holland Symphony Orchestra Inc ($585k), Columbus Area Childrens Museum Inc ($585k) and Jobsite Theatre Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $78k (18% of expenses). At year end it held assets of $3.3m against liabilities of $5,926, net assets of $3.3m. It reported 1 employees.