Aabr Foundation Inc

Analysis

Aabr Foundation Inc is a registered charity in United States, based in College Point, NY. It received its IRS tax-exemption ruling in April 1967, 59 years ago. 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 June 2023, Aabr Foundation Inc reported income of $507k and spending of $221k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $831k to $507k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aabr Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include My Sisters House Inc ($507k), Children of Shelters ($507k) and Des Moines Swimming Federation ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.