Andrew Alati Foundation Inc

Analysis

Andrew Alati Foundation Inc is a registered charity in United States, based in East Meadow, NY. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Andrew Alati Foundation Inc reported income of $85k and spending of $89k, spending 104% of its income. The sharpest change came in the year to July 2022, when income rose by 73%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Andrew Alati Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Walden Square Community Association Inc ($85k), Behold My King Inc ($85k) and Village Resources Incorporated ($85k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.