Old Road Fund Inc

Analysis

Old Road Fund Inc is a registered charity in United States, based in Antigua & Barbuda. It received its IRS tax-exemption ruling in March 2005, 21 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, Old Road Fund Inc reported income of $233k and spending of $187k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $233k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Road Fund Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile. Charities of a similar size with the same main cause include Mount Olives Community Center Inc ($233k), Tiny Hands Daycare Center Inc ($233k) and The Bass Foundation Inc ($233k).

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 $303k against liabilities of $0, net assets of $303k.