American Psychological Foundation Inc

Analysis

American Psychological Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1961, 65 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Psychological Foundation Inc reported income of $7.7m and spending of $2.8m, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $7.7m (+459%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 532%. Over the whole period it spent 54% 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 Psychological Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Indian Pueblo Cultural Center Inc ($7.7m), Nevada Ballet Theatre ($7.7m) and American Political Science Association ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $216k (7.6% of expenses). Other salaries and wages came to $645k. At year end it held assets of $29.8m against liabilities of $1.1m, net assets of $28.7m.