American Association for Italian Studies

Analysis

American Association for Italian Studies is a registered charity in United States, based in Old Bridge, NJ. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association for Italian Studies reported income of $138k and spending of $65k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $138k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association for Italian Studies sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Jefferson County Community Ships for Youth ($138k), Caravan of Love ($138k) and Shining Starr Learning Academy Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 19% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.