American Concrete Institute Inc

Analysis

American Concrete Institute Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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 Concrete Institute Inc reported income of $191k and spending of $188k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $273k to $191k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Concrete Institute Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Fishtails a Fishtown Animal Rescue Inc ($191k), Arc-Chaucer Apartments Inc ($191k) and Sunrise Acres Ranch ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 90% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.