The American Foundation for Charitable Support Inc

Analysis

The American Foundation for Charitable Support Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The American Foundation for Charitable Support Inc reported income of $4.0m and spending of $1.5m, leaving 62% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 137% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The American Foundation for Charitable Support Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Mba Opens Doors Foundation ($4.0m), Memphis Jewish Federation ($4.0m) and Pikes Peak or Bust Rodeo Foundation ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $6,400 (0.4% of expenses). At year end it held assets of $19.0m against liabilities of $7.3m, net assets of $11.7m.