Atlantic National Angus Foundation Inc

Analysis

Atlantic National Angus Foundation Inc is a registered charity in United States, based in Annville, PA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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, Atlantic National Angus Foundation Inc reported income of $95k and spending of $78k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $95k (-4.5%), an average of -4.5% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlantic National Angus Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Unity West Transformation Academy ($95k), Cohasset Appalachia Service Project Group Inc ($95k) and Monmouth Independence Kids Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.