Shahid Afridi Foundation

Analysis

Shahid Afridi Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shahid Afridi Foundation reported income of $263k and spending of $82k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $624k to $263k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shahid Afridi Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Shannon Daley Memorial Fund Inc ($263k), Amudei Chesed Inc ($263k) and St Clair Childrens Advocacy Center Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.