Abhi Shah Foundation

Analysis

Abhi Shah Foundation is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Abhi Shah Foundation reported income of $218k and spending of $113k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $218k (+248%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abhi Shah Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Guardian Friend Associates Inc ($217k), Full Circle Community Center ($218k) and New Hope Rescue Inc ($217k).

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 $427k against liabilities of $0, net assets of $427k.