Accredited Gemologists Association Inc

Analysis

Accredited Gemologists Association Inc is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Accredited Gemologists Association Inc reported income of $131k and spending of $120k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $131k (+253%), an average of +253% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accredited Gemologists Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include International Association for Business and Society ($131k), Quail Lake Charter School Booster Club ($131k) and Erie Regional Library Foundation Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $166k against liabilities of $1,675, net assets of $165k.