Arrl Foundation Inc

Analysis

Arrl Foundation Inc is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in March 2018, 8 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arrl Foundation Inc reported income of $1.1m and spending of $1.6m, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $539k to $1.1m (+98%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 93%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arrl Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include M&m Area Community Foundation ($1.1m), Brothers of Mercy Facilities Foundation ($1.1m) and United Way of Kitsap County ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $8.0m against liabilities of $0, net assets of $8.0m.