American Opportunity Foundation

Analysis

American Opportunity Foundation is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in May 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 2022, American Opportunity Foundation reported income of $805k and spending of $132k, leaving 84% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $640k to $805k (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 770%. Over the whole period it spent 16% 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 Opportunity Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within UT. Charities of a similar size with the same main cause include Intergenerational Arctic Ministries ($804k), Yakima Greenway Endowment ($805k) and Caritas in Veritate Civ USA ($804k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.