America Succeeds

Analysis

America Succeeds is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, America Succeeds reported income of $1.2m and spending of $1.2m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.2m (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, America Succeeds sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include The Fuel Cell Seminar ($1.2m), Trash Mountain Project Inc ($1.2m) and The Institute for Global Environmental Strategies Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $534k. At year end it held assets of $911k against liabilities of $25k, net assets of $886k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.