The American Austrian Foundation

Analysis

The American Austrian Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, The American Austrian Foundation reported income of $4.2m and spending of $3.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.2m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The American Austrian Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Association for Learning Environments ($4.2m), Somerset Health Care Foundation Inc ($4.2m) and Acadiana Center for the Arts ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $400k (11% of expenses). Other salaries and wages came to $210k. At year end it held assets of $10.6m against liabilities of $1.2m, net assets of $9.3m. It reported 2 employees.