American Malacological Society

Analysis

American Malacological Society is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Malacological Society reported income of $84k and spending of $64k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $36k to $84k (+135%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Malacological Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within DE. Charities of a similar size with the same main cause include Rip City Riders ($84k), Beaufort Charities Inc ($84k) and Athletes for a Better World Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 53% of the total. At year end it held assets of $998k against liabilities of $0, net assets of $998k.