Ayin Institute Inc

Analysis

Ayin Institute Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2022, 4 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, Ayin Institute Inc reported income of $402k and spending of $448k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $238k to $402k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ayin Institute Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Mosaic Multicultural Foundation ($402k), Dance Parade Inc ($402k) and Truartspeaks ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $161k (36% of expenses). At year end it held assets of $77k against liabilities of $23k, net assets of $54k.