Aci Center of Excellence for Nonmetallics in Building Materials

Analysis

Aci Center of Excellence for Nonmetallics in Building Materials is a registered charity in United States, based in Farmington Hills, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aci Center of Excellence for Nonmetallics in Building Materials reported income of $1.0m and spending of $920k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $465k to $1.0m (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aci Center of Excellence for Nonmetallics in Building Materials sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Australian International Screen Forum Inc ($1.0m), Awesome Center for Entrepreneurship Inc ($1.0m) and Log Cabin Literary Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (19% of expenses). Other salaries and wages came to $89k. At year end it held assets of $557k against liabilities of $425k, net assets of $132k.