American Inns of Court Foundation

Analysis

American Inns of Court Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in January 1986, 40 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 June 2023, American Inns of Court Foundation reported income of $2.7m and spending of $2.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.7m (-3.4%), an average of -0.9% a year. Over the whole period it spent 103% 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 Inns of Court Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Grow Nebraska Inc ($2.7m), Aip Foundation ($2.7m) and Cave Organization Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $468k (16% of expenses). Other salaries and wages came to $825k. At year end it held assets of $3.7m against liabilities of $1.5m, net assets of $2.2m. It reported 14 employees.