The Fund for American Studies

Analysis

The Fund for American Studies is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1967, 59 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 August 2023, The Fund for American Studies reported income of $16.3m and spending of $15.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $14.4m to $16.3m (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2022, when income rose by 105%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fund for American Studies sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include St Josephs Catholic School Inc ($16.3m), Prevention Point Philadelphia Incorporated ($16.3m) and Council of Independent Colleges ($16.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $953k (6.1% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $22.1m against liabilities of $4.1m, net assets of $18.0m. It reported 94 employees.