Ali Akbari Hassas Testamentary Trust

Analysis

Ali Akbari Hassas Testamentary Trust is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, Ali Akbari Hassas Testamentary Trust reported income of $91k and spending of $106k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $112k to $91k (-19%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ali Akbari Hassas Testamentary Trust sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Wisconsin P E O Sisterhood H E L P Fund Inc ($91k), Left Lovers ($91k) and Annas House Inc ($91k).

Compensation of current officers, directors and key employees was $11k (10% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.