Andy Foundation

Analysis

Andy Foundation is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in February 2004, 22 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, Andy Foundation reported income of $93k and spending of $58k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $93k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Andy Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Riverside County Foundation on Aging Inc ($93k), Firmament of Love Outreach Inc ($93k) and W Byron Wolfe Tri-County Charitable Foundation Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.