AMERICAN GIFT FUND
PO BOX 15627, WILMINGTON, DE · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $166,326,352 | $115,867,890 | $638,755,535 |
| FY2023 | $155,807,228 | $74,771,291 | $558,087,511 |
| FY2022 | $117,606,182 | $69,873,862 | $431,199,704 |
| FY2021 | $191,491,973 | $63,851,628 | $439,171,434 |
| FY2020 | $85,115,601 | $43,023,473 | $296,992,095 |
| FY2019 | $116,777,488 | $46,586,579 | $238,807,638 |
| FY2018 | $66,751,524 | $25,224,888 | $169,779,755 |
| FY2016 | $40,550,719 | $15,503,865 | $67,940,579 |
| FY2015 | $15,121,762 | $51,289,370 | $42,893,725 |
| FY2014 | $22,791,391 | $5,560,135 | $79,061,133 |
| FY2013 | $10,239,963 | $7,414,116 | $61,829,877 |
| FY2012 | $6,578,410 | $5,922,443 | $59,202,925 |
| FY2011 | $43,896,604 | $4,000,881 | $59,005,220 |
| FY2010 | $4,697,203 | $2,036,938 | $19,095,857 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $123,822,384 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $112,440,224 | 97% |
| Management & general | $3,427,666 | 3% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2024. That is higher than 84.7% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in DE for a state comparison).
- Net assets covered about 66.2 months of expenses at the end of the reporting year. That puts it in the 22nd percentile among 1692 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DE.
- Total revenue was higher than 100% of 1702 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DE.
- Total revenue rose from $4,697,203 in FY2010 to $166,326,352 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2015).
- The highest revenue on record here is $191,491,973 in FY2021.
- Net assets grew from $19,095,857 to $638,755,535 between FY2010 and FY2024.
- Contributions and grants made up 84% of revenue in FY2010 and 74% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO INSPIRE GENEROSITY ACROSS AMERICA AND PROVIDE MEANINGFUL CHARITABLE SERVICES FOR DONORS TO GIVE EFFICIENTLY, PURPOSEFULLY AND WITH IMPACT, WHILE SUPPORTING OUR COMMUNITIES IN PROSPERITY.
IRS status
| Ruling year | 1998 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T700 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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