Arab American Friendship Center

Analysis

Arab American Friendship Center is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Arab American Friendship Center reported income of $117k and spending of $104k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $117k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arab American Friendship Center sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include City Urban Revitalization Corporation ($117k), 50 50 Startups Inc ($117k) and Osi Foundation Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. At year end it held assets of $20k against liabilities of $2,688, net assets of $17k.