Alfanar Inc US

Analysis

Alfanar Inc US is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Alfanar Inc US reported income of $271k and spending of $386k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $271k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alfanar Inc US sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include University Alliance Ruhr Inc ($271k), Engage Africa ($271k) and Global Resource Alliance Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.