American Bus Association Foundation Inc

Analysis

American Bus Association Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Bus Association Foundation Inc reported income of $399k and spending of $629k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $595k to $399k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Bus Association Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Wilbraham Community Preschool Inc ($399k), Young Athletes for Christ Inc ($399k) and Masa Seed Foundation ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $56k. At year end it held assets of $9.1m against liabilities of $45k, net assets of $9.0m.