Agma Relief Fund

Analysis

Agma Relief Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1959, 67 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 September 2023, Agma Relief Fund reported income of $164k and spending of $164k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $100k to $164k (+64%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 963%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agma Relief Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Radical Love ($164k), California Gang Investigators Association-Cgia ($164k) and Corys Care Facility Inc ($164k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $2.1m against liabilities of $76k, net assets of $2.0m.