American Inns of Court Foundation
Analysis
American Inns of Court Foundation is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in January 1986, 40 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 June 2024, American Inns of Court Foundation reported income of $106k and spending of $97k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $106k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Inns of Court Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Faith Baptist Mission ($106k), Lake Beulah Sailing School Inc ($106k) and Winnetka-Northfield Rotary Charitable Foundation ($106k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Faith Baptist Mission | Tucson | $106k |
| Lake Beulah Sailing School Inc | East Troy | $106k |
| Winnetka-Northfield Rotary Charitable Foundation | Winnetka | $106k |
| Gymnastics Support Organization Inc | Tucson | $106k |