American Society of Journalists and Authors Foundation

Analysis

American Society of Journalists and Authors Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Society of Journalists and Authors Foundation reported income of $329k and spending of $298k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $240k to $329k (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Journalists and Authors Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Fungal Diversity Survey Inc ($328k), Clermont Foundation ($329k) and Miami-Dade Historical Maritime Museum Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. At year end it held assets of $322k against liabilities of $94k, net assets of $228k.