American Farriers Association Inc

Analysis

American Farriers Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, American Farriers Association Inc reported income of $807k and spending of $801k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $567k to $807k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Farriers Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Kingdom Christian Academy ($807k), Austin Public Library Friends Foundation ($807k) and Johnston Institute Inc ($807k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $80k (10% of expenses). Other salaries and wages came to $113k. At year end it held assets of $357k against liabilities of $0, net assets of $357k. It reported 5 employees.