American Initiatives for Social Development Foundation

Analysis

American Initiatives for Social Development Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Initiatives for Social Development Foundation reported income of $628k and spending of $555k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $542k to $628k (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Initiatives for Social Development Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include New Hope Childrens Ministries ($628k), Perfect Earth Project Inc ($628k) and Friends of the American International School of Algiers in ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $4,462. At year end it held assets of $203k against liabilities of $4,125, net assets of $199k. It reported 1 employees.