American Association of Physics Teachers Inc

Analysis

American Association of Physics Teachers Inc is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in December 1959, 67 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 of Physics Teachers Inc reported income of $7.2m and spending of $6.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $7.2m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Association of Physics Teachers Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Bergen Performing Arts Center Inc ($7.2m), Maxwell C King Center for the Performing Arts Inc ($7.2m) and American Museum of the Moving Image ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $1.2m (18% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $13.2m against liabilities of $2.8m, net assets of $10.4m. It reported 33 employees.