American Council on Consumer Interests Inc

Analysis

American Council on Consumer Interests Inc is a registered charity in United States, based in Belleair Bluffs, FL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 August 2023, American Council on Consumer Interests Inc reported income of $281k and spending of $234k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $217k to $281k (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Council on Consumer Interests Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Teams of Our Lady ($281k), The Martin C Kauffman One Hundred Club of Alameda County ($281k) and Friendship Fire Company Number One of Winchester Virginia ($281k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $628k against liabilities of $25k, net assets of $604k.