Avenues Foundation

Analysis

Avenues Foundation is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in July 2009, 17 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 June 2023, Avenues Foundation reported income of $114k and spending of $29k, leaving 74% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $119k to $114k (-4.8%), an average of -4.8% a year. Over the whole period it spent 28% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avenues Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Ogemaw Community Thrift Store ($114k), Thorndale Ffa & 4-H Booster Club ($114k) and Childrens Humanitarian Services ($114k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $546k against liabilities of $24k, net assets of $523k.