American Affairs Foundation Inc

Analysis

American Affairs Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. 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 (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 2024, American Affairs Foundation Inc reported income of $304k and spending of $615k, spending 202% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $487k to $304k (-38%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Affairs Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Pueblo Symphony Association ($304k), Discovery Trail ($304k) and The Nola Project Inc ($304k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 29% of the total. It paid $9,999 in professional fundraising fees. At year end it held assets of $99k against liabilities of $327k, net assets of -$228k.