Friends of Aabroo

Analysis

Friends of Aabroo is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in November 2015, 11 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, Friends of Aabroo reported income of $253k and spending of $253k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $253k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Aabroo sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Deafinitely Dogs Inc ($253k), Aging Up ($253k) and Indiana Guardianship Services Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $443k against liabilities of $0, net assets of $443k.