American Center for Mongolian Studies

Analysis

American Center for Mongolian Studies is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 September 2023, American Center for Mongolian Studies reported income of $855k and spending of $490k, leaving 43% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $294k to $855k (+191%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 171%. Over the whole period it spent 92% 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 Center for Mongolian Studies sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Greater Dallas Youth Orchestra ($855k), Glenn H Curtiss Museum of Local History Inc ($856k) and Third Avenue Playhouse Inc ($855k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $68k (14% of expenses). Other salaries and wages came to $113k. At year end it held assets of $903k against liabilities of $8,258, net assets of $895k. It reported 3 employees.