Amatz Initiative

Analysis

Amatz Initiative is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2017, 9 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, Amatz Initiative reported income of $185k and spending of $207k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $185k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amatz Initiative sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Enjoining Good USA Incorporated ($185k), Arkansas International Missionfoundation Inc ($185k) and Thomson Reuters Foundation Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.