American Security Council Foundation

Analysis

American Security Council Foundation is a registered charity in United States, based in Sebastian, FL. It received its IRS tax-exemption ruling in August 1959, 67 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, American Security Council Foundation reported income of $757k and spending of $557k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $169k to $757k (+347%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 263%. Over the whole period it spent 151% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Security Council Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include American Friends of Yahad in Unum Inc ($757k), Friends of Ifosud ($759k) and James R Jordan Foundation International - Chicago ($757k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.2% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $212k. At year end it held assets of $2.0m against liabilities of $145k, net assets of $1.9m. It reported 7 employees.