Ahn Foundation

Analysis

Ahn Foundation is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ahn Foundation reported income of $133k and spending of $137k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $133k (-21%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ahn Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Auxiliary of Church Hospital Corporation ($133k), Midwest Therapeutic Riding Program Inc ($133k) and River Valley Health Foundation Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.