Arpan Foundation Incorporated

Analysis

Arpan Foundation Incorporated is a registered charity in United States, based in Diamond Bar, CA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arpan Foundation Incorporated reported income of $1.1m and spending of $978k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.1m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arpan Foundation Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include St James Episcopal School Del Rio Texas ($1.1m), Mount St Michael Catholic School ($1.1m) and Astronaut Scholarship Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.