Allied Arts Foundation

Analysis

Allied Arts Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1968, 58 years ago. 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, Allied Arts Foundation reported income of $79k and spending of $75k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $79k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allied Arts Foundation 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 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Christine M Kleinert Institute for Hand & Micro Surgery Inc ($79k), Vikings-Parent Group ($79k) and Volunteers of America Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 27% of the total. At year end it held assets of $196k against liabilities of $18k, net assets of $178k.