Assistance Fund Inc

Analysis

Assistance Fund Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, 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, Assistance Fund Inc reported income of $279.0m and spending of $314.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $375.0m to $279.0m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Assistance Fund Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Olmsted Medical Center ($279.0m), SSM Health Businesses ($279.1m) and The Association of CHRMC and University Physicians ($278.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $2.1m (0.7% of expenses). Other salaries and wages came to $5.1m. It paid $61k in professional fundraising fees. At year end it held assets of $363.7m against liabilities of $18.7m, net assets of $345.0m. It reported 98 employees.