Aarvorg Inc

Analysis

Aarvorg Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in December 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aarvorg Inc reported income of $51k and spending of $50k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $84k to $51k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aarvorg Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Congergation Kneseth Israel Endowment TR ($51k), R J Scheffel Memorial Toy Project Inc ($51k) and Nathalie and Theodore Jones Char TR Fbo Unitarian Univ Assc Award Fund ($51k).

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 $71k against liabilities of $2,350, net assets of $69k.