America Can

Analysis

America Can is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, America Can reported income of $50.0m and spending of $54.6m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to June 2023, income fell from $70.6m to $50.0m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, America Can sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Lincoln-Marti Community Agency Inc ($50.0m), Faculty Students Association of State University of New York ($50.1m) and Barton College ($49.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $679k (1.2% of expenses). Other salaries and wages came to $31.6m. At year end it held assets of $59.4m against liabilities of $13.4m, net assets of $46.0m. It reported 842 employees.