America First Policy Institute is a 501(c)(3) organization based in Fort Worth, Texas, registered in 2021, with $51,061,493 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$51.1M
▲ 86.9% vs prior year
Education median: $200K
Expenses (FY2024)
$37.9M
Net assets
$22.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for America First Policy Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For America First Policy Institute: 7 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for America First Policy Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For America First Policy Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $14.2M (FY2021) to $51.1M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
25.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$25.2M
Total liabilities
$2.7M
Net assets
$22.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,061,493▲86.9% | $37,889,561▲65.2% | $22,512,857▲147% | $25,178,547▲155% | 990 |
| 2023 | $27,319,085▲15.7% | $22,934,132▲2.6% | $9,126,444▲96.9% | $9,873,304▲62.7% | 990 |
| 2022 | $23,618,246▲66.4% | $22,348,233▲106% | $4,634,856▲37.7% | $6,068,756▲57.6% | 990 |
| 2021 | $14,195,522 | $10,830,742 | $3,364,843 | $3,850,844 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
50 grants to America First Policy Institute totaling $22.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $1,510,000 |
| Donors Trust Inc | For general operations | 2024 | $1,434,000 |
| Donors Trust Inc | For veterans initiative | 2024 | $1,400,000 |
| Christian Community Foundation Inc | General support | 2024 | $1,125,000 |
| Greater Washington Community Foundation | General support | 2024 | $1,000,000 |
| Donors Trust Inc | For election integrity project | 2024 | $1,000,000 |
| Donors Trust Inc | For general operations | 2024 | $590,000 |
| Greater Horizons | Education | 2024 | $150,000 |
| Greater Houston Community Foundation | Educational | 2024 | $75,000 |
| American Endowment Foundation | Educational | 2024 | $50,000 |
| National Christian Charitable Foundation | Human rights | 2024 | $34,561 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $20,000 |
| Austin Community Foundation | General support | 2024 | $20,000 |
| Donors Trust Inc | For the elections integrity project | 2024 | $10,000 |
Explore more
Data for America First Policy Institute (EIN 85-4202763) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.