American Opportunity Foundation Inc

Analysis

American Opportunity Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1985, 41 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, American Opportunity Foundation Inc reported income of $8.5m and spending of $2.8m, leaving 67% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.9m to $8.5m (+355%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 991%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Opportunity Foundation Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Ludwig Von Mises Institute for Austrian Economics Inc ($8.5m), Macdonald Center ($8.5m) and Tulsa Performing Arts Center Trust ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $998k (35% of expenses). At year end it held assets of $72.0m against liabilities of $376k, net assets of $71.6m. It reported 2 employees.