Organic Acidemia Association Corporation

Analysis

Organic Acidemia Association Corporation is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Organic Acidemia Association Corporation reported income of $97k and spending of $164k, spending 170% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $773k to $97k (-87%), an average of -65% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Organic Acidemia Association Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include M P C a Senior Citizens Holding Corp ($97k), Town Players ($97k) and The Cecilia Fund ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $45k (27% of expenses). At year end it held assets of $621k against liabilities of $12, net assets of $621k.