Amber Initiative Foundation Inc

Analysis

Amber Initiative Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Amber Initiative Foundation Inc reported income of $139k and spending of $125k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $139k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amber Initiative Foundation Inc 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 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Sea Save Foundation ($139k), Center for Mental Health Foundation ($139k) and Home of Sliced Bread Corporation ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.