Americana Community Center Inc

Analysis

Americana Community Center Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1994, 32 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, Americana Community Center Inc reported income of $1.1m and spending of $1.3m, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.1m (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Americana Community Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include United Way of North Central Ohio Inc ($1.1m), Pittsburg Public Library Board ($1.1m) and Broadway House Corporation ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $83k (6.4% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.2m against liabilities of $228k, net assets of $1.9m. It reported 43 employees.