A D F Community Outreach Foundation Inc

Analysis

A D F Community Outreach Foundation Inc is a registered charity in United States, based in Mechanicsvlle, MD. It received its IRS tax-exemption ruling in February 2024, 2 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 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, A D F Community Outreach Foundation Inc reported income of $2.69bn and spending of $2.69bn, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $2.69bn (+69147%), an average of +413% a year. The sharpest change came in the year to December 2023, when income rose by 99694%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A D F Community Outreach Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MD. Charities of a similar size with the same main cause include National Christian Charitable Foundation ($2.44bn), Vanguard Charitable Endowment Program ($4.58bn) and GS Donor Advised Philanthropy Fund for Wealth Management Inc ($1.94bn).

Other salaries and wages came to $423.2m. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m. It reported 24 employees.