Aocds Memorial Fund

Analysis

Aocds Memorial Fund is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2023, Aocds Memorial Fund reported income of $370k and spending of $187k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $271k to $370k (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aocds Memorial Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Foundation for Special Needs Independence ($370k), Grace Ministries Inc ($370k) and Family Life Education Inc ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $584k against liabilities of $17k, net assets of $568k.