Appraisal Foundation

Analysis

Appraisal Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1989, 37 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, Appraisal Foundation reported income of $3.5m and spending of $5.5m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $3.5m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Appraisal Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Cambridge Family YMCA ($3.5m), Young Mens Christian Association of Kankakee Ill ($3.5m) and Boy Scouts of America ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.2m (22% of expenses). Other salaries and wages came to $569k. At year end it held assets of $10.7m against liabilities of $1.9m, net assets of $8.8m. It reported 14 employees.