Avihem Inc

Analysis

Avihem Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2012, 14 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, Avihem Inc reported income of $1.4m and spending of $1.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $1.4m (+364%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avihem Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Clery Center for Security on Campus ($1.4m), Aspire Afterschool Learning ($1.4m) and Jacks Helping Hand Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $337k. At year end it held assets of $117k against liabilities of $162k, net assets of -$45k. It reported 3 employees.