Amiela Inc

Analysis

Amiela Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2010, 16 years ago. 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, Amiela Inc reported income of $965k and spending of $1.1m, spending 110% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $463k to $965k (+108%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amiela Inc 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 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Aspira Association Inc ($965k), Glencoe Junior Kindergarten ($966k) and Vienna Volunteer Fire Department Inc ($965k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $528k (50% of expenses). Other salaries and wages came to $292k. At year end it held assets of $517k against liabilities of $0, net assets of $517k. It reported 5 employees.