Albers Family Affiliated Fund Ofthe Occf Inc

Analysis

Albers Family Affiliated Fund Ofthe Occf Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Albers Family Affiliated Fund Ofthe Occf Inc reported income of $170k and spending of $112k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $26k to $170k (+543%), an average of +59% a year. The sharpest change came in the year to June 2020, when income rose by 297%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Albers Family Affiliated Fund Ofthe Occf Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OK. Charities of a similar size with the same main cause include Fisher Deberry Foundation ($170k), Joseph F Cannon TR Uw Fbo Observer Fresh Air Camp Inc ($170k) and Lamb Shall Lead International Inc ($170k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.