American Gas Foundation

Analysis

American Gas Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Gas Foundation reported income of $335k and spending of $230k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $454k to $335k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Gas Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Inn of Last Resort Inc ($335k), Grow Quad Cities Fund-Iowa ($335k) and Soquel High Fund Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (15% of expenses). At year end it held assets of $880k against liabilities of $64k, net assets of $816k.