American Amusement Machine Charitable Foundation Inc

Analysis

American Amusement Machine Charitable Foundation Inc is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, American Amusement Machine Charitable Foundation Inc reported income of $455k and spending of $422k, spending 93% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $377k to $455k (+21%), an average of +4.8% a year. The sharpest change came in the year to January 2023, when income rose by 760%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Amusement Machine Charitable Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include The Southern California and Southern Nevada Joint Council of ($455k), Ben Hogan Foundation ($455k) and RSVP of Allen County Inc ($455k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $759k against liabilities of $23k, net assets of $737k.