Afghan American Foundation

Analysis

Afghan American Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 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, Afghan American Foundation reported income of $71k and spending of $149k, spending 211% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $367k to $71k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Afghan American Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Sawmill Center Inc ($70k), Pittsburgh Chinese Culture Center Inc ($71k) and Symphony Parnassus ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $280k against liabilities of $15k, net assets of $265k.