A & D Charitable Foundation Inc

Analysis

A & D Charitable Foundation Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in July 1999, 27 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, A & D Charitable Foundation Inc reported income of $21.1m and spending of $22.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $21.1m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A & D Charitable Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Columbia River Mental Health Services ($21.1m), Texas Health Action ($21.1m) and Cove Behavioral Health Inc ($21.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $318k (1.4% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $4.3m against liabilities of $6.1m, net assets of -$1.9m.