American Welfare and Works Association

Analysis

American Welfare and Works Association is a registered charity in United States, based in Fpo, AP. It received its IRS tax-exemption ruling in June 2001, 25 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 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 May 2024, American Welfare and Works Association reported income of $97k and spending of $100k, spending 103% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $119k to $97k (-18%), an average of -18% a year. The sharpest change came in the year to May 2024, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Welfare and Works Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 63rd percentile within AP. Charities of a similar size with the same main cause include Rose Dynasty Foundation Inc ($97k), International Flight Services Association Foundation Inc ($97k) and Deputy Chief Raymond Downey Scholarship Charity Fund ($97k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.