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American School Foundation Ac

RegisteredEIN 98-6001403MexicoOverseas aid and international
Income$80.7m2024-06
Spending$55.1msame year
Spent / received73%5-year average
Size in its cause99th pctOverseas aid and international
Exempt since1965School
Employees0latest return

Analysis

American School Foundation Ac is a registered charity in United States, based in Mexico. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2024, American School Foundation Ac reported income of $80.7m and spending of $55.1m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $48.9m to $80.7m (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American School Foundation Ac sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Citihope International Inc ($79.5m), International Livestock Research Institute ($81.0m) and Fundacion de LA Universidad Del Valle de Guatemala ($79.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.5m (2.8% of expenses). Other salaries and wages came to $20.6m. At year end it held assets of $198.7m against liabilities of $17.5m, net assets of $181.2m.

Income and spending

$0$20.2m$40.3m$60.5m$80.7m2020 Income: $48,876,3162020 Spending: $37,773,05320202021 Income: $42,664,7662021 Spending: $32,014,98320212022 Income: $50,074,2672022 Spending: $36,998,61520222023 Income: $60,538,9302023 Spending: $44,759,39920232024 Income: $80,680,1542024 Spending: $55,140,3382024
IncomeSpending

Where the income comes from

  • Contributions & grants 0.7%
  • Program services 82%
  • Other 18%

Similar-sized charities, same cause

CharityLocationIncome
Citihope International IncMargaretville$79.5m
International Livestock Research InstituteAlexandria$81.0m
Fundacion de LA Universidad Del Valle de GuatemalaGuatemala$79.2m
AlightMinneapolis$81.8m