American Friends of Ariel Inc

Analysis

American Friends of Ariel Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in March 1992, 34 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 August 2024, American Friends of Ariel Inc reported income of $892k and spending of $2.3m, spending 253% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $1.8m to $892k (-50%), an average of -13% a year. The sharpest change came in the year to August 2023, when income rose by 1224%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Ariel Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Names Not Numbers Inc ($892k), Alyn Scholarship Fund Inc ($892k) and Montessori Childrens House Inc ($892k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.4m against liabilities of $672, net assets of $2.4m.