Amor Artis Inc

Analysis

Amor Artis Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1963, 63 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 August 2023, Amor Artis Inc reported income of $164k and spending of $156k, spending 95% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $121k to $164k (+36%), an average of +36% a year. The sharpest change came in the year to August 2023, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amor Artis Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($164k), Chenequa Foundation ($164k) and Bloomington Remembers Veterans ($164k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $64k against liabilities of $8,169, net assets of $56k.