Fairouzah American Association

Analysis

Fairouzah American Association is a registered charity in United States, based in Northridge, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Fairouzah American Association reported income of $211k and spending of $67k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $211k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fairouzah American Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Grosse Pointe Chamber Foundation ($211k), Vermont Fresh Network Corporation ($211k) and Rotary/One Foundation Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.