American Opportunity Foundation

Analysis

American Opportunity Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2021, American Opportunity Foundation reported income of $5.7m and spending of $7.6m, spending 135% of what it took in. Across the 2 years on record, from June 2020 to June 2021, income grew from $5.4m to $5.7m (+4.3%), an average of +4.3% a year. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Opportunity Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Pressley Ridge-Maryland ($5.7m), Affordable Senior Housing Foundation ($5.7m) and African Community Housing & Development ($5.6m).

On its Form 990 for the period ending June 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $554k. At year end it held assets of $34.6m against liabilities of $44.8m, net assets of -$10.2m.