American Independent Media

Analysis

American Independent Media is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, American Independent Media reported income of $113k and spending of $77k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $614k to $113k (-82%), an average of -34% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Independent Media sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Marriage Encounter of the Gulf Coast ($113k), Ozer Ministries Inc ($113k) and Weymouth Junior Basketball League ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $213 against liabilities of $35k, net assets of -$35k.