Amoud Foundation

Analysis

Amoud Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in September 2000, 26 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 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, Amoud Foundation reported income of $9.5m and spending of $7.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $9.5m (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amoud Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include K18n Foundation ($9.5m), Capital Region Community Foundation ($9.5m) and Community Foundation of West Kentucky Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (1.5% of expenses). Other salaries and wages came to $144k. At year end it held assets of $8.8m against liabilities of $880k, net assets of $7.9m. It reported 3 employees.