Precious AFC Home Inc

Analysis

Precious AFC Home Inc is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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, Precious AFC Home Inc reported income of $2.2m and spending of $1.6m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $376k to $2.2m (+487%), an average of +80% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Precious AFC Home Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Inc Mental Health Alliance NFP ($2.2m), A Just Harvest ($2.2m) and Nebraska Association of Local Health Directors ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $868k (53% of expenses). At year end it held assets of $1.1m against liabilities of $97k, net assets of $998k. It reported 26 employees.