Area Committees Association Inc

Analysis

Area Committees Association Inc is a registered charity in United States, based in Pengilly, MN. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Area Committees Association Inc reported income of $72k and spending of $77k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $72k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Area Committees Association Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Sertoma Inc ($72k), Glenbrook High School Foundation ($72k) and Euphonium Foundation ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.