American Opportunity Foundation

Analysis

American Opportunity Foundation is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, American Opportunity Foundation reported income of $8.4m and spending of $8.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $8.4m (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Opportunity Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Science and Arts Academy ($8.4m), Age Well Senior Services Inc ($8.4m) and Slovene Home for the Aged ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $961k (11% of expenses). Other salaries and wages came to $631k. At year end it held assets of $81.1m against liabilities of $70.7m, net assets of $10.3m. It reported 5 employees.