Arrivederci Ald

Analysis

Arrivederci Ald is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 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, Arrivederci Ald reported income of $69k and spending of $286k, spending 417% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $205k to $69k (-67%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arrivederci Ald sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include The Jeffie Foundation ($69k), The Fall River Rotary Club Charitable Foundation Trust ($69k) and September 11th Widows and Victims Families Association Inc ($69k).

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 $43k against liabilities of $0, net assets of $43k.