American Furniture Masters Institute

Analysis

American Furniture Masters Institute is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in April 2002, 24 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 December 2023, American Furniture Masters Institute reported income of $59k and spending of $75k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $59k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Furniture Masters Institute sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NH. Charities of a similar size with the same main cause include Winfield Unified School District 465 Foundation ($59k), Stonebridge High School Music Booster Association ($59k) and Brookwood Performing Arts Boosters Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.