Arnia Foundation

Analysis

Arnia Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2016, 10 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Arnia Foundation reported income of $388k and spending of $378k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $366k to $388k (+6.0%), an average of +6.0% a year. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arnia Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Harris Preschool ($388k), Two Fly Foundation Inc ($388k) and White Rock Fund ($388k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.