American First Day Cover Society Inc

Analysis

American First Day Cover Society Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, 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 First Day Cover Society Inc reported income of $115k and spending of $75k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $115k (-8.6%), an average of -8.6% a year. Over the whole period it spent 59% 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 First Day Cover Society Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Public Interest Patent Law Institute ($115k), Little Theatre of Jamestown Inc ($115k) and European Rural Heritage Institute ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 61% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.