The American Foundation for the Iyari School

Analysis

The American Foundation for the Iyari School is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, The American Foundation for the Iyari School reported income of $349k and spending of $499k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $349k (+1133%), an average of +1133% a year. The sharpest change came in the year to December 2023, when income rose by 1133%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The American Foundation for the Iyari School sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Community Tampa Bay Inc ($349k), Jefferson City Montessori Society Inc ($349k) and Little League Baseball Inc ($349k).

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 $14k against liabilities of $0, net assets of $14k.