American Turners Inc

Analysis

American Turners Inc is a registered charity in United States, based in North Aurora, IL. It received its IRS tax-exemption ruling in June 1953, 73 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Turners Inc reported income of $281k and spending of $272k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $632k to $281k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Turners Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Ceramic League of Miami Inc ($281k), Severn Leadership Group Inc ($281k) and Lakota Tomahawks Youth Football Association Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $45k. At year end it held assets of $3.5m against liabilities of $1,062, net assets of $3.5m. It reported 1 employees.