Arf Charitable Foundation

Analysis

Arf Charitable Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, Arf Charitable Foundation reported income of $515k and spending of $342k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $339k to $515k (+52%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arf Charitable Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Pathstone Foundation ($515k), Jean and Saul a Mintz Family Foundation ($515k) and Earthshare Chapters Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $121k. At year end it held assets of $2.2m against liabilities of $713k, net assets of $1.5m.