Charities Aid Foundation America

Analysis

Charities Aid Foundation America is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Charities Aid Foundation America reported income of $816.4m and spending of $748.1m, spending 92% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $280.0m to $816.4m (+192%), an average of +31% a year. The sharpest change came in the year to April 2020, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charities Aid Foundation America sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include George Kaiser Family Foundation ($736.2m), Dechomai Asset Trust ($837.0m) and Rockefeller Philanthropy Advisors Inc ($644.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.7m (0.2% of expenses). Other salaries and wages came to $7.6m. It paid $25.6m in professional fundraising fees. At year end it held assets of $401.0m against liabilities of $10.1m, net assets of $391.0m. It reported 106 employees.