Ann Ree Colton Foundation of Ni Science Inc

Analysis

Ann Ree Colton Foundation of Ni Science Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in August 1957, 69 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ann Ree Colton Foundation of Ni Science Inc reported income of $378k and spending of $472k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $712k to $378k (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ann Ree Colton Foundation of Ni Science Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Friends of Tashema ($378k), Al-Madina Association ($378k) and Mike Eden Ministries Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $116k (25% of expenses). Other salaries and wages came to $26k. At year end it held assets of $3.9m against liabilities of $3, net assets of $3.9m. It reported 6 employees.