American King Foundation

Analysis

American King Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American King Foundation reported income of $98k and spending of $95k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $64k to $98k (+54%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American King Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Sunshine Creative Kidz Inc ($98k), SFN Inc ($98k) and Taiwan Mission Foundation Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,095 against liabilities of $0, net assets of $4,095.