Andson Inc

Analysis

Andson Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Andson Inc reported income of $646k and spending of $725k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $740k to $646k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Andson Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Lightning Boy Foundation Inc ($646k), Challenge Youth Conference Inc ($647k) and Public Glass ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $235k (32% of expenses). At year end it held assets of $326k against liabilities of $2,404, net assets of $323k. It reported 85 employees.