Friends of Aala

Analysis

Friends of Aala is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Aala reported income of $203k and spending of $107k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $214k to $203k (-5.0%), an average of -5.0% a year. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Aala sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Greater Cincinnati Library Consortium ($203k), Washington DC Metro Hbcu Alumni Alliance Inc ($203k) and Girls to Women ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $470k against liabilities of $6,000, net assets of $464k.