Ahl Foundation Inc

Analysis

Ahl Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Ahl Foundation Inc reported income of $239k and spending of $229k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $258k to $239k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to July 2022, when income rose by 286%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ahl Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include National Association of Minority Contractors Greater Atlanta Branch ($239k), Peacemakers Inc ($239k) and C V H S Football Booster Association ($239k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 57% and program service revenue 32% of the total. Other salaries and wages came to $44k. At year end it held assets of $804k against liabilities of $50k, net assets of $754k. It reported 1 employees.