Aatcc Foundation Inc

Analysis

Aatcc Foundation Inc is a registered charity in United States, based in RTP, NC. It received its IRS tax-exemption ruling in February 1998, 28 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 December 2023, Aatcc Foundation Inc reported income of $148k and spending of $113k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $148k (+1.8%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aatcc Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include New England Suzuki Institute ($148k), Del Vaz Projects Inc ($148k) and Center for Art Law Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.