The Automotive Aftermarket Charitable Foundation Inc

Analysis

The Automotive Aftermarket Charitable Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 1985, 41 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, The Automotive Aftermarket Charitable Foundation Inc reported income of $799k and spending of $590k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $815k to $799k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Automotive Aftermarket Charitable Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Dr James Cameron Legacy Foundation Inc ($799k), St Joseph Home Inc ($800k) and Centennial Area Health Education Center ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $167k (28% of expenses). Other salaries and wages came to $49k. At year end it held assets of $4.2m against liabilities of $8,510, net assets of $4.2m. It reported 2 employees.