Aurora Charitable Foundation Inc

Analysis

Aurora Charitable Foundation Inc is a registered charity in United States, based in Baldwin, NY. It received its IRS tax-exemption ruling in May 2019, 7 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, Aurora Charitable Foundation Inc reported income of $115k and spending of $106k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $115k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aurora Charitable Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Rotary District 5910 Foundation ($115k), Black Social Capital Initiative Inc ($115k) and Ludwigs Corner Horse Show Association Foundation ($115k).

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 $69k against liabilities of $0, net assets of $69k.