Aini Family Foundation Inc

Analysis

Aini Family Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Aini Family Foundation Inc reported income of $247k and spending of $221k, spending 90% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $206k to $247k (+20%), an average of +6.2% a year. The sharpest change came in the year to May 2022, when income rose by 159%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aini Family Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Green and Gold Fund Inc ($247k), Confluence Philanthropy Inc ($247k) and Manhasset Community Fund Inc ($247k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8,457 against liabilities of $22k, net assets of -$13k.