American Marketing Association Inc

Analysis

American Marketing Association Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 2023, American Marketing Association Inc reported income of $275k and spending of $292k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $275k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 208%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Marketing Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Oak Hill Christian Service Camp ($275k), Jesse Owens Memorial Park ($275k) and Caring Families Pregnancy Services Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $45k (15% of expenses). At year end it held assets of $450k against liabilities of $5,791, net assets of $444k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.