Institute of Management Accountants Inc

Analysis

Institute of Management Accountants Inc is a registered charity in United States, based in Bethpage, NY. It received its IRS tax-exemption ruling in February 1974, 52 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 2024, Institute of Management Accountants Inc reported income of $57k and spending of $74k, spending 130% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $56k to $57k (+2.5%), an average of +2.5% a year. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of Management Accountants Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Trinity Lutheran Foundation of Utica Michigan ($57k), PTA Pennsylvania Congress ($57k) and Little League Baseball Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.