Ahima Foundation

Analysis

Ahima Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ahima Foundation reported income of $512k and spending of $1.6m, spending 321% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $512k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ahima Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Little Lights Christian Early Learning Center LLC ($512k), Kiwanis Club of Las Vegas NM Community Service Foundation ($512k) and Little Arrows Child Care Services Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $185k (11% of expenses). Other salaries and wages came to $223k. At year end it held assets of $4.6m against liabilities of $1.9m, net assets of $2.7m. It reported 5 employees.