Congressional Award Foundation

Analysis

Congressional Award Foundation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 September 2023, Congressional Award Foundation reported income of $258k and spending of $309k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $115k to $258k (+125%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 138%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congressional Award Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WY. Charities of a similar size with the same main cause include Yaad of Northern California ($258k), Roland Park Baseball Leagues Inc ($258k) and Manlius Senior Centre Inc ($258k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $89k (29% of expenses). Other salaries and wages came to $23k. It paid $32k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $3,630, net assets of $1.1m. It reported 2 employees.