Almond Branch Initiative Inc

Analysis

Almond Branch Initiative Inc is a registered charity in United States, based in Fountainville, PA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Almond Branch Initiative Inc reported income of $112k and spending of $100k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,891 to $112k (+2183%), an average of +2183% a year. The sharpest change came in the year to December 2023, when income rose by 2183%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Almond Branch Initiative 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 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Lifeline Outreach ($112k), Hudson Taylor Ministries ($112k) and Cda Backpack Program Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.