Mid Atlantic Food Trade Organization Inc

Analysis

Mid Atlantic Food Trade Organization Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Mid Atlantic Food Trade Organization Inc reported income of $254k and spending of $156k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $342k to $254k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Atlantic Food Trade Organization Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Islamic Community Center of Phoenix Inc ($254k), Idaho Veterans Home Veterans Nursing Home Assistance League Inc ($254k) and North Pole Area Housing Assoc Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 62% of the total. At year end it held assets of $715k against liabilities of $0, net assets of $715k.