Archival Foundation

Analysis

Archival Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Archival Foundation reported income of $18.6m and spending of $18.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.8m to $18.6m (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Archival Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Urban Dove Team Charter School ($18.6m), East Carolina University Foundation Inc ($18.6m) and Prodeo Academy ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $1.1m (6.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $61.5m against liabilities of $5.8m, net assets of $55.7m.