American Advertising Foundation

Analysis

American Advertising Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Advertising Foundation reported income of $52k and spending of $7,005, leaving 87% of income unspent that year. Over the whole period it spent 13% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Advertising Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include Pearls Serenity House ($52k), Urban Dance & Educational Foundation ($52k) and Bulgarian Language School St Sofia NFP ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.