Nassau County Ahrc Foundation Inc

Analysis

Nassau County Ahrc Foundation Inc is a registered charity in United States, based in Brookville, NY. It received its IRS tax-exemption ruling in May 1995, 31 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, Nassau County Ahrc Foundation Inc reported income of $2.9m and spending of $1.3m, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.4m to $2.9m (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nassau County Ahrc Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Laboure Society ($2.9m), Magnified Giving ($2.9m) and A Lift for Life Outreach Center Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Compensation of current officers, directors and key employees was $214k (17% of expenses). Other salaries and wages came to $53k. At year end it held assets of $54.7m against liabilities of $410k, net assets of $54.3m. It reported 3 employees.