AIDS Food Store Inc

Analysis

AIDS Food Store Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover food, agriculture and nutrition, 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, AIDS Food Store Inc reported income of $91k and spending of $90k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $91k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, AIDS Food Store Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Harrison Cultural Community Centre Inc ($91k), Carlton Center Inc ($91k) and Acelero Charitable Foundation ($91k).

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 $73k against liabilities of $2,700, net assets of $71k.