American Wine Society

Analysis

American Wine Society is a registered charity in United States, based in Brambleton, VA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, American Wine Society reported income of $555k and spending of $712k, spending 128% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income grew from $525k to $555k (+5.6%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Wine Society sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Middletown Day Nursery Association ($555k), Loudoun Volunteer Caregivers a Faith in Action Program ($555k) and Thrift Shop of Boston Inc ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $60k. At year end it held assets of $460k against liabilities of $455k, net assets of $5,568. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.