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Aramaic Broadcasting Network Inc

RegisteredEIN 02-0681679Southfield, MIReligion
Income$545k2023-12
Spending$661ksame year
Spent / received98%5-year average
Size in its cause85th pctReligion
Exempt since2003Publicly supported organisat
Employees4latest return

Analysis

Aramaic Broadcasting Network Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Aramaic Broadcasting Network Inc reported income of $545k and spending of $661k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $594k to $545k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Aramaic Broadcasting Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include The@majlis ($545k), Chinareach ($545k) and Association of Reform Jewish Educators ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (18% of expenses). Other salaries and wages came to $158k. It paid $5,504 in professional fundraising fees. At year end it held assets of $719k against liabilities of $6,779, net assets of $712k. It reported 4 employees.

Income and spending

$0$233k$466k$699k$931k2019 Income: $593,6462019 Spending: $677,04820192020 Income: $653,1902020 Spending: $586,09820202021 Income: $754,3162021 Spending: $709,68320212022 Income: $931,4252022 Spending: $768,88120222023 Income: $545,0122023 Spending: $661,0442023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
The@majlisLaguna Hills$545k
ChinareachWichita$545k
Association of Reform Jewish EducatorsBryn Mawr$545k
His International IncColumbia$545k