Aleh Lemaala Inc

Analysis

Aleh Lemaala Inc is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aleh Lemaala Inc reported income of $257k and spending of $135k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $257k (+337%), an average of +336% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aleh Lemaala Inc 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 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Easttown Library Foundation ($257k), Florida Venture Foundation Inc ($257k) and Good Fight Foundation Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (60% of expenses). At year end it held assets of $128k against liabilities of $0, net assets of $128k.