Animas Foundation

Analysis

Animas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Animas Foundation reported income of $55k and spending of $89k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $55k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 127% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Animas Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Awaic Foundation Inc ($55k), Kenwood Neighborhood Organization ($55k) and Kiwanis Foundation of Charlotte County Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,367 against liabilities of $0, net assets of $6,367.