Ariel Education Intiative

Analysis

Ariel Education Intiative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1996, 30 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, Ariel Education Intiative reported income of $640k and spending of $647k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $640k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ariel Education Intiative sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Panda Bear Preschool ($640k), Watts of Power Foundation Corp ($640k) and Little Dolphin Inc ($639k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $79k. At year end it held assets of $529k against liabilities of $1,769, net assets of $528k. It reported 7 employees.