American Bladesmith Society Inc

Analysis

American Bladesmith Society Inc is a registered charity in United States, based in Grand Rapids, OH. It received its IRS tax-exemption ruling in June 1986, 40 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 Bladesmith Society Inc reported income of $231k and spending of $209k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $231k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Bladesmith Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Ronks Fire Company ($231k), Minnesota VFW Charitable Association ($231k) and Society of Nematologists ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Other salaries and wages came to $33k. At year end it held assets of $814k against liabilities of $3,260, net assets of $810k. It reported 1 employees.