Amer-I-Can Foundation

Analysis

Amer-I-Can Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Amer-I-Can Foundation reported income of $335k and spending of $340k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $201k to $335k (+67%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amer-I-Can Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Athens-Limestone County Family Resource Center ($335k), Alliance Community and Employment Services Inc ($335k) and LA Familia de Arte Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $96k (28% of expenses). At year end it held assets of $43k against liabilities of $44k, net assets of -$183. It reported 2 employees.