American Osteopathic Foundation Inc

Analysis

American Osteopathic Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1951, 75 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Osteopathic Foundation Inc reported income of $2.2m and spending of $2.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.2m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Osteopathic Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Royce Learning Center ($2.2m), Dover Childrens Home ($2.2m) and Mental Health Association in San Diego County ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $489k (20% of expenses). Other salaries and wages came to $514k. At year end it held assets of $17.3m against liabilities of $527k, net assets of $16.8m. It reported 8 employees.