Americas Central Port Foundation I Inc

Analysis

Americas Central Port Foundation I Inc is a registered charity in United States, based in Granite City, IL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Americas Central Port Foundation I Inc reported income of $548k and spending of $1.8m, spending 324% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $604k to $548k (-9.3%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 461%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Americas Central Port Foundation I Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Appalachian Independence Center Inc ($548k), Coppin Heights Community Development Corporation ($548k) and South Dakota Grass Lands Coalition ($548k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.5m against liabilities of $4.9m, net assets of -$401k.