American Excellence Foundation

Analysis

American Excellence Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, American Excellence Foundation reported income of $285k and spending of $2,048, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $285k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 6.5% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Excellence Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Ark Christian Child Care Center ($285k), Mt Vernon Youth Development Group ($285k) and Lincoln Unity Apartments Inc ($285k).

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 $401k against liabilities of $0, net assets of $401k.