American Opportunity Foundation

Analysis

American Opportunity Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 2021, American Opportunity Foundation reported income of $5.7m and spending of $6.6m, spending 117% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income grew from $5.1m to $5.7m (+12%), an average of +5.7% a year. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Opportunity Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include American Society of Agronomy Inc ($5.7m), Mansfield Christian School ($5.7m) and Henry Kaufmann Campgrounds Inc ($5.6m).

On its Form 990 for the period ending June 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $565k. At year end it held assets of $43.7m against liabilities of $52.4m, net assets of -$8.7m.

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.