American Friends of the Royal Foundation of the Duke and Duchess

Analysis

American Friends of the Royal Foundation of the Duke and Duchess is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, American Friends of the Royal Foundation of the Duke and Duchess reported income of $8.6m and spending of $11.5m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $831k to $8.6m (+934%), an average of +79% a year. The sharpest change came in the year to December 2020, when income rose by 905%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of the Royal Foundation of the Duke and Duchess sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include McCourt Foundation Inc ($8.6m), Barberton Community Foundation ($8.6m) and Hutchinson Community Foundation ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $1.3m, net assets of $374k.