Azimuth World Foundation

Analysis

Azimuth World Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Azimuth World Foundation reported income of $118k and spending of $253k, spending 214% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $512k to $118k (-77%), an average of -77% a year. The sharpest change came in the year to December 2021, when income dropped by 77%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Azimuth World Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 33rd percentile within ND. Charities of a similar size with the same main cause include One World Shoppe Inc ($118k), Friends for a Non-Violent World Inc ($118k) and African Kids in Need Inc ($118k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. It paid $68k in professional fundraising fees. At year end it held assets of $125k against liabilities of $15k, net assets of $110k.