Ariah Foundation

Analysis

Ariah Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ariah Foundation reported income of $197k and spending of $141k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $488k to $197k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ariah Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Family Promise of Augusta Inc ($197k), Mosaic of North Central Wisconsin Inc ($197k) and Rosehill Social Club ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.