Art of Family Living

Analysis

Art of Family Living is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Art of Family Living reported income of $187k and spending of $205k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $142k to $187k (+32%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Art of Family Living 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 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include World Buddhism Association ($187k), Volunteers for Christ Inc ($187k) and Good Samaritan Service ($187k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $5,753 against liabilities of $17k, net assets of -$11k.