Arawakan Inc

Analysis

Arawakan Inc is a registered charity in United States, based in Maywood, NJ. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Arawakan Inc reported income of $77k and spending of $74k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $77k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arawakan Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Sindhi Association of Southern Calif ($77k), Northern Neck of Virginia Historical Society ($77k) and Harford County Extension Advisory Council Inc ($77k).

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 $21k against liabilities of $0, net assets of $21k.