American Inns of Court Foundation

Analysis

American Inns of Court Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 June 2024, American Inns of Court Foundation reported income of $50k and spending of $66k, spending 132% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $31k to $50k (+63%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Inns of Court Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within TN. Charities of a similar size with the same main cause include National Minority Business Council Inc ($50k), Chess in Education - US LLC ($50k) and Patriots for Warriors ($50k).

At year end it held assets of $46k against liabilities of $0, net assets of $46k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.