Arab Foundations Forum USA

Analysis

Arab Foundations Forum USA is a registered charity in United States, based in Old Westbury, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arab Foundations Forum USA reported income of $235k and spending of $291k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $304k to $235k (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arab Foundations Forum USA sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Flowery Branch High School Bpa ($235k), Windsor Street Montessori School ($235k) and Eastern Slope Aviation Academy ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $124k (43% of expenses). Other salaries and wages came to $63k. At year end it held assets of $45k against liabilities of $373k, net assets of -$328k.