Aaun Endowment Fund Inc

Analysis

Aaun Endowment Fund Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aaun Endowment Fund Inc reported income of $341k and spending of $818k, spending 240% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $685k to $341k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 269%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aaun Endowment Fund Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within NV. Charities of a similar size with the same main cause include Eastern Idaho Development Corp ($341k), The Syracuse Obedience Training Club Inc ($341k) and Kensington Education Foundation ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.