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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Opportunity Foundation reported income of $414k and spending of $388k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $414k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 123% 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 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Darke County Historical Society Inc ($414k), Friend Incorporated ($414k) and Glen Rock Cooperative Nursery School ($414k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $140k (36% of expenses). At year end it held assets of $2.4m against liabilities of $2.9m, net assets of -$448k. It reported 1 employees.