Americans for Prosperity Foundation

Analysis

Americans for Prosperity Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover social science, 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, Americans for Prosperity Foundation reported income of $2.8m and spending of $9.0m, spending 321% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.1m to $2.8m (-85%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 85%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americans for Prosperity Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include American Federation of Arts Inc ($2.8m), Music of the Baroque Concert Series Inc ($2.8m) and Austin Film Festival Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $75k (0.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $20.1m against liabilities of $1.2m, net assets of $19.0m. It reported 8 employees.