American Lebanese Syrian Assoc Char Inc

Analysis

American Lebanese Syrian Assoc Char Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 1980, 46 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 June 2023, American Lebanese Syrian Assoc Char Inc reported income of $2.69bn and spending of $2.20bn, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.92bn to $2.69bn (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Lebanese Syrian Assoc Char Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TN. Charities of a similar size with the same main cause include Samaritans Purse ($1.20bn), NCF Charitable Trust ($1.10bn) and Servant Foundation ($867.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $4.0m (0.2% of expenses). Other salaries and wages came to $180.6m. It paid $14.4m in professional fundraising fees. At year end it held assets of $9.11bn against liabilities of $142.3m, net assets of $8.97bn. It reported 2,109 employees.