Aorn Foundation

Analysis

Aorn Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1992, 34 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, Aorn Foundation reported income of $2.2m and spending of $2.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.2m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aorn Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include National Association of State Budget Officers ($2.2m), Jewish Big Brother-Sister Association of Boston ($2.2m) and Jefferson Community Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $225k (11% of expenses). Other salaries and wages came to $97k. At year end it held assets of $6.4m against liabilities of $739k, net assets of $5.7m. It reported 3 employees.