Assyrian Foundation of America

Analysis

Assyrian Foundation of America is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Assyrian Foundation of America reported income of $297k and spending of $181k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $304k to $297k (-2.5%), an average of -0.6% a year. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assyrian Foundation of America sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Talkeetna Community Radio Inc ($297k), Rotary Zones 30 & 31 Inc ($297k) and Meals on Wheels in Greater New Brunswick ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 14% of the total. At year end it held assets of $2.7m against liabilities of $114k, net assets of $2.6m.