African American Heritage Foundation Inc

Analysis

African American Heritage Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2025. Its declared purposes cover arts, culture and humanities, 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 June 2020, African American Heritage Foundation Inc reported income of $247k and spending of $660k, spending 267% of what it took in. Across the 3 years on record, from June 2018 to June 2020, income fell from $3.2m to $247k (-92%), an average of -72% a year. The sharpest change came in the year to June 2019, when income dropped by 85%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Heritage Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include East Side Arts Council ($247k), Thornwillow Institute Ltd ($247k) and Rush Philanthropic Arts Foundation ($247k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 60% and program service revenue 18% of the total. Other salaries and wages came to $23k. At year end it held assets of $11.4m against liabilities of $106k, net assets of $11.3m. It reported 4 employees.