Arie Foundation

Analysis

Arie Foundation is a registered charity in United States, based in Old Bethpage, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Arie Foundation reported income of $51k and spending of $53k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $267k to $51k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arie Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Imrei Yosef ($51k), Greater Menomonee Falls Foundation Trust ($52k) and Fedco Charitable Foundation ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.