Aarti Foundation Inc

Analysis

Aarti Foundation Inc is a registered charity in United States, based in Floral Park, NY. It received its IRS tax-exemption ruling in April 2002, 24 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 December 2023, Aarti Foundation Inc reported income of $88k and spending of $95k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $88k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aarti Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Sisters Camelot ($88k), Golden Plains Inc a Kansas Not for Profit Corporation ($88k) and Neighborhood House of Long Island Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.