Boniad Ayeneh Inc

Analysis

Boniad Ayeneh Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boniad Ayeneh Inc reported income of $1.0m and spending of $561k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $1.0m (+164%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boniad Ayeneh Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Los Alamos Retired and Senior Organization ($1.0m), Caregivers Helper Inc ($1.0m) and Day Nursery Association ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $154k. At year end it held assets of $915k against liabilities of $0, net assets of $915k.