American Association of Family and Consumer Sciences

Analysis

American Association of Family and Consumer Sciences is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1986, 40 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 July 2023, American Association of Family and Consumer Sciences reported income of $51k and spending of $54k, spending 105% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $29k to $51k (+79%), an average of +79% a year. The sharpest change came in the year to July 2023, when income rose by 79%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Association of Family and Consumer Sciences sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include PTA Tennessee Congress of Parents Teachers Inc ($51k), West Virginia Future Farmers of America Foundation Inc ($51k) and Maryland Veterinary Foundation ($51k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 6.1% and program service revenue 75% of the total. At year end it held assets of $43k against liabilities of $161, net assets of $43k.