American Opportunity Foundation

Analysis

American Opportunity Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 Opportunity Foundation reported income of $4.4m and spending of $7.9m, spending 181% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.8m to $4.4m (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 171% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Opportunity Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Western Maryland Scenic Railroad Development Corp ($4.4m), Linville Hill Christian School ($4.4m) and Lebanon Valley Family YMCA ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $635k. At year end it held assets of $46.4m against liabilities of $52.2m, net assets of -$5.8m.