Advancing American Freedom Foundation Inc

Analysis

Advancing American Freedom Foundation Inc is a registered charity in United States, based in Washington, DC. 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, Advancing American Freedom Foundation Inc reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $1.2m (+387%), an average of +121% a year. The sharpest change came in the year to December 2022, when income rose by 250%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advancing American Freedom Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include 2nd Chance Inc ($1.2m), Dyersburg State Community College Foundation ($1.2m) and Citrus County Abuse Shelter Association Incorporated ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $292k. At year end it held assets of $801k against liabilities of $239k, net assets of $562k.