American Association of Single Parents

Analysis

American Association of Single Parents is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, American Association of Single Parents reported income of $699k and spending of $676k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $298k to $699k (+135%), an average of +135% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Association of Single Parents sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Friendly Loving Opportunities - Flo ($699k), Shelby County Childrens Advocacy Center Inc ($699k) and Sedona Lago Gardens ($699k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $18k (2.6% of expenses). Other salaries and wages came to $3,164. At year end it held assets of $35k against liabilities of $52k, net assets of -$17k.