Friends of Action Group on Erosion Technology and Concentration Inc

Analysis

Friends of Action Group on Erosion Technology and Concentration Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, 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 August 2024, Friends of Action Group on Erosion Technology and Concentration Inc reported income of $912k and spending of $920k, spending 101% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $881k to $912k (+3.5%), an average of +0.7% a year. The sharpest change came in the year to August 2023, when income rose by 85%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Action Group on Erosion Technology and Concentration Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Otsego County Community Food Pantry ($912k), Mercer County Womens Action and Resource Center ($912k) and Robeson County Agriculture & Industrial Exposition Inc ($912k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.