Afe Foundation

Analysis

Afe Foundation is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Afe Foundation reported income of $346k and spending of $240k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $346k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Afe Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Fishing for the Fight ($346k), Holler Harm Reduction ($346k) and Recovery Advocates in Livingston Inc ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $83k (35% of expenses). Other salaries and wages came to $3,300. At year end it held assets of $1.1m against liabilities of $13k, net assets of $1.1m. It reported 3 employees.