Congressional Award Foundation

Analysis

Congressional Award Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Congressional Award Foundation reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $845k to $1.3m (+56%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Congressional Award Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Wisconsin 4-H Foundation Inc ($1.3m), Future Farmers of America and Its State Associations & Local Chapter ($1.3m) and Better Boys Foundation ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $170k (13% of expenses). Other salaries and wages came to $423k. At year end it held assets of $1.1m against liabilities of $101k, net assets of $970k. It reported 11 employees.