University of the Aftermarket Foundation

Analysis

University of the Aftermarket Foundation is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 August 2023, University of the Aftermarket Foundation reported income of $1.5m and spending of $932k, leaving 38% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $1.5m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to August 2021, when income rose by 53%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of the Aftermarket Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Childhaven ($1.5m), Kamp Central Ambulance Service Inc ($1.5m) and Orion Communities Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $10.8m against liabilities of $42k, net assets of $10.7m.