American Idea Foundation Inc

Analysis

American Idea Foundation Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, American Idea Foundation Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.7m to $1.7m (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income rose by 233%. Over the whole period it spent 42% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, American Idea Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Natl Council on Alcoholism & Drug Dependence of E SN Gabrl & P Vlys ($1.7m), Missouri Organizing and Voter Engagement Collaborative ($1.7m) and Washington Association of Prosecuting Attorneys ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $676k (43% of expenses). Other salaries and wages came to $163k. At year end it held assets of $9.1m against liabilities of $66k, net assets of $9.1m. It reported 7 employees.