America250 Org Inc

Analysis

America250 Org Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, America250 Org Inc reported income of $11.0m and spending of $11.6m, spending 105% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $3.4m to $11.0m (+223%), an average of +48% a year. The sharpest change came in the year to September 2021, when income rose by 169%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, America250 Org Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Benedictine Living Community Owatonna ($11.0m), Area Agency on Aging of West Centra Arkansas Inc ($11.0m) and The Waterbury Young Mens Christian Association ($11.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $953k (8.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.0m against liabilities of $668k, net assets of $1.3m. It reported 39 employees.