AARP FOUNDATION
601 E ST NW, WASHINGTON, DC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $202,932,133 | $194,382,273 | $673,123,800 |
| FY2023 | $175,249,637 | $191,925,498 | $635,593,093 |
| FY2022 | $203,216,966 | $195,405,209 | $602,419,247 |
| FY2021 | $254,163,099 | $181,584,159 | $648,066,628 |
| FY2020 | $186,546,543 | $173,261,974 | $581,891,825 |
| FY2019 | $295,801,954 | $187,425,925 | $534,169,334 |
| FY2018 | $282,082,741 | $170,923,640 | $386,579,789 |
| FY2017 | $273,794,980 | $177,579,018 | $323,808,478 |
| FY2016 | $297,220,619 | $163,130,106 | $214,726,689 |
| FY2015 | $155,682,431 | $151,499,707 | $80,686,774 |
| FY2014 | $146,610,280 | $144,543,038 | $80,578,693 |
| FY2013 | $144,653,292 | $142,744,954 | $78,377,578 |
| FY2012 | $142,261,658 | $140,320,617 | $71,044,974 |
| FY2011 | $140,499,201 | $138,801,516 | $62,480,216 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $161,702,645 | 100% |
| Program service revenue | $382,911 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $152,239,405 | 78% |
| Management & general | $18,270,325 | 9% |
| Fundraising | $23,872,543 | 12% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 78% of functional expenses, management & general 9%, and fundraising 12%.
- 78% of functional expenses went to program services in FY2024. That is higher than 11.8% of 34 Human Services organizations in DC.
- Net assets covered about 41.6 months of expenses at the end of the reporting year. That puts it in the 88th percentile among 359 Human Services organizations in DC.
- Total revenue was higher than 100% of 369 Human Services organizations in DC.
- Total revenue rose from $140,499,201 in FY2011 to $202,932,133 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 (FY2023).
- The highest revenue on record here is $297,220,619 in FY2016.
- Net assets grew from $62,480,216 to $673,123,800 between FY2011 and FY2024.
- Contributions and grants made up 99% of revenue in FY2011 and 80% 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
CREATES AND ADVANCES EFFECTIVE SOLUTIONS TO REDUCE POVERTY FOR AND WITH OLDER ADULTS.
IRS status
| Ruling year | 1963 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | P81 — Human Services |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
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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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