Ad Fontes Inc

Analysis

Ad Fontes Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Ad Fontes Inc reported income of $58k and spending of $49k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $58k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ad Fontes Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Haiti Childrens Outreach Inc ($58k), Kohn Foundation ($58k) and Casa Verde Home of Hope Inc ($58k).

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 $43k against liabilities of $0, net assets of $43k.