The Arab-American Fund of Georgia Inc

Analysis

The Arab-American Fund of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2022, The Arab-American Fund of Georgia Inc reported income of $455k and spending of $437k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $376k to $455k (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Arab-American Fund of Georgia Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Arts & Science Center for Southeast Arkansas Endowment Fund Inc ($455k), Global Spectrum Foundation Inc ($455k) and Lark Traditional Arts ($455k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% and program service revenue 45% of the total. Other salaries and wages came to $202k. At year end it held assets of $787k against liabilities of $149k, net assets of $637k. It reported 17 employees.