American Fund for Westminster Abbey

Analysis

American Fund for Westminster Abbey is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2012, 14 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 September 2023, American Fund for Westminster Abbey reported income of $615k and spending of $495k, spending 81% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $910k to $615k (-32%), an average of -18% a year. The sharpest change came in the year to September 2023, when income rose by 141%. Over the whole period it spent 74% 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 Fund for Westminster Abbey sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Hispanic Outreach of ($614k), Chopin Foundation of the United States Inc ($615k) and Fund for the Water Works ($614k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $607k against liabilities of $3,600, net assets of $604k.