Assyrian Arts Institute

Analysis

Assyrian Arts Institute is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in May 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 November 2023, Assyrian Arts Institute reported income of $79k and spending of $146k, spending 185% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $151k to $79k (-48%), an average of -15% a year. The sharpest change came in the year to November 2022, when income rose by 183%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Assyrian Arts Institute sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Mentone Educational Resources Foundation ($79k), Volunteer Organizations Network Inc ($79k) and Potsdam Holiday Fund Inc ($79k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. It paid $7,000 in professional fundraising fees. At year end it held assets of $37k against liabilities of $0, net assets of $37k.