American Friends of Atlas Kinder Foundation

Analysis

American Friends of Atlas Kinder Foundation is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, American Friends of Atlas Kinder Foundation reported income of $299k and spending of $297k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $343k to $299k (-13%), an average of -13% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of Atlas Kinder Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Redlands Art Association ($299k), Water People Theater Group NFP ($299k) and New Life Studios Inc ($299k).

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 $68k against liabilities of $6,318, net assets of $62k.