American Floral Endowment

Analysis

American Floral Endowment is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, American Floral Endowment reported income of $649k and spending of $1.8m, spending 280% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $649k (-85%), an average of -38% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Floral Endowment sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Traverse City West Titan Athletic Boosters ($649k), Community Christian Preschool of Fountain Valley ($649k) and Innovative Quality Schools ($649k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $191k (10% of expenses). Other salaries and wages came to $335k. At year end it held assets of $24.0m against liabilities of $308k, net assets of $23.6m. It reported 6 employees.