Association for the Advancement of Automotive Medicine Inc

Analysis

Association for the Advancement of Automotive Medicine Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Association for the Advancement of Automotive Medicine Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.2m (+8.4%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Association for the Advancement of Automotive Medicine Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Cajun Relief Foundation Inc ($1.2m), Twin District Volunteer Fire Company Inc ($1.2m) and Disaster Relief Food Ministry Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 95% of the total. At year end it held assets of $2.0m against liabilities of $125k, net assets of $1.9m.