Avot Inc

Analysis

Avot Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Avot Inc reported income of $484k and spending of $478k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $139k to $484k (+248%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Avot Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include First Fruits Ministries Inc ($484k), Vida Nueva Para El Mundo ($485k) and One Heart Ministries Inc ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.