Americas Charities
Analysis
Americas Charities is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Americas Charities reported income of $43.6m and spending of $41.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.7m to $43.6m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Americas Charities sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Good News Publishers ($43.6m), Versability Resources Inc ($43.7m) and Landmark College Inc ($43.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $376k (0.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $24.9m against liabilities of $10.5m, net assets of $14.4m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 11%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Good News Publishers | Wheaton | $43.6m |
| Versability Resources Inc | Hampton | $43.7m |
| Landmark College Inc | South Putney | $43.6m |
| Clara Barton Hospital Association Inc Hoisington Kansas | Hoisington | $43.7m |