Avila Foundation
Analysis
Avila Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2024, Avila Foundation reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $828k to $2.5m (+204%), an average of +32% a year. The sharpest change came in the year to March 2022, when income rose by 80%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Avila Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Your Move Collective Inc ($2.5m), Minchas Asher Foundation ($2.5m) and Faith Communications Corp ($2.5m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $235k (9.2% of expenses). Other salaries and wages came to $557k. At year end it held assets of $957k against liabilities of $92k, net assets of $866k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 33%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Your Move Collective Inc | Alpharetta | $2.5m |
| Minchas Asher Foundation | Teaneck | $2.5m |
| Faith Communications Corp | Las Vegas | $2.5m |
| Remerge Inc | Atlanta | $2.5m |