Abidi Foundation Inc

Analysis

Abidi Foundation Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Abidi Foundation Inc reported income of $103k and spending of $7,317, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $103k (+2.0%), an average of +2.0% a year. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abidi Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Sponsors Corner Inc ($103k), In His Steps Christian Recovery Home ($103k) and Doz International Ministries ($103k).

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 $258k against liabilities of $6,300, net assets of $252k.