USA Foundation

Analysis

USA Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, USA Foundation reported income of $127k and spending of $118k, spending 93% of its income. The sharpest change came in the year to December 2023, when income rose by 778%. Over the whole period it spent -253% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, USA Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within AZ. Charities of a similar size with the same main cause include United Way of Clinton County Inc ($127k), Friends of the Ocala Public Library Inc ($127k) and Havyaka Association of the Americas ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 110% of the total. At year end it held assets of $1.7m against liabilities of $430k, net assets of $1.3m.