America First Credit Union Charitable Foundation

Analysis

America First Credit Union Charitable Foundation is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, America First Credit Union Charitable Foundation reported income of $420k and spending of $329k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $770k to $420k (-45%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, America First Credit Union Charitable Foundation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within UT. Charities of a similar size with the same main cause include Lubin-Green Foundation ($420k), Farmers Electric Charitablefoundation ($420k) and Young Nak Church Reserve TR ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $385k against liabilities of $22k, net assets of $363k.