Friends of Acilba 613

Analysis

Friends of Acilba 613 is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Acilba 613 reported income of $1.1m and spending of $1.3m, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $310k to $1.1m (+265%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Acilba 613 sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Meaningful Minute Inc ($1.1m), Global Empowerment Ministries ($1.1m) and Korean Evangelical Church of ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.