Agua Fria Food and Clothing Bank Inc

Analysis

Agua Fria Food and Clothing Bank Inc is a registered charity in United States, based in Avondale, AZ. It received its IRS tax-exemption ruling in October 2005, 21 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 December 2023, Agua Fria Food and Clothing Bank Inc reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.8m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agua Fria Food and Clothing Bank Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Torah Tots Academy Inc ($2.8m), Mill Community Ministries ($2.8m) and Mamas House Ministries ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $81k (3.1% of expenses). Other salaries and wages came to $22k. It paid $30k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $19k, net assets of $1.9m. It reported 3 employees.