Advanced Manufacturing Industry Partnership Inc

Analysis

Advanced Manufacturing Industry Partnership Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Advanced Manufacturing Industry Partnership Inc reported income of $479k and spending of $425k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $479k (+713%), an average of +713% a year. The sharpest change came in the year to December 2023, when income rose by 713%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advanced Manufacturing Industry Partnership Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include A Future for Every Child ($479k), Greater Attleboro Area Council for Children Inc ($479k) and Grant Imahara Steam Foundation ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $139k (33% of expenses). At year end it held assets of $88k against liabilities of $0, net assets of $88k. It reported 1 employees.