American Association of State Highway & Transportation Officials

Analysis

American Association of State Highway & Transportation Officials is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1944, 82 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, American Association of State Highway & Transportation Officials reported income of $115.8m and spending of $109.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $88.9m to $115.8m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Association of State Highway & Transportation Officials sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include CW Resources Inc ($114.8m), Brooklyn Navy Yard Development Corporation ($119.3m) and Community Partners ($114.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.7m (1.5% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $214.8m against liabilities of $121.7m, net assets of $93.2m. It reported 170 employees.