American Cichlid Association Inc
Analysis
American Cichlid Association Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2023, American Cichlid Association Inc reported income of $56k and spending of $20k, leaving 65% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $27k to $56k (+108%), an average of +44% a year. The sharpest change came in the year to June 2023, when income rose by 125%. Over the whole period it spent 67% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, American Cichlid Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Hope for Dogs Rescue ($56k), Almost Home Animal Rescue ($56k) and Underdog Rescue of Arkansas ($56k).
On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 47% of the total. At year end it held assets of $431k against liabilities of $0, net assets of $431k.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 47%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope for Dogs Rescue | Honolulu | $56k |
| Almost Home Animal Rescue | Chariton | $56k |
| Underdog Rescue of Arkansas | Cotton Plant | $56k |
| Lucky Cat Rescue | Union City | $57k |