Ariel University Foundation

Analysis

Ariel University Foundation is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Ariel University Foundation reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $300k to $1.2m (+293%), an average of +293% a year. The sharpest change came in the year to December 2023, when income rose by 293%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ariel University Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within DE. Charities of a similar size with the same main cause include Providence School Inc ($1.2m), Eastern Oklahoma State College Development Foundation Inc ($1.2m) and University Academy Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $3,853, net assets of $202k.