American Airlines Family Fund Inc

Analysis

American Airlines Family Fund Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Airlines Family Fund Inc reported income of $938k and spending of $1.2m, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $192k to $938k (+389%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 1516%. Over the whole period it spent 171% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Airlines Family Fund Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Bloomington Health Foundatoin Inc ($938k), North Counties Family Services ($939k) and St Sebastian Parish Foundation ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.