Ayad Family Foundation

Analysis

Ayad Family Foundation is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in October 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, Ayad Family Foundation reported income of $265k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $265k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 4.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ayad Family Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Casa Grande Food Bank Inc ($265k), Women in Golf Foundation Inc ($265k) and Friendship Circle of North Broward and South Palm Beach Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.