Autozoner Assistance Fund Inc

Analysis

Autozoner Assistance Fund Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2003, 23 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, Autozoner Assistance Fund Inc reported income of $2.2m and spending of $1.1m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 342%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Autozoner Assistance Fund Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Onslow United Transit System Inc ($2.2m), Five Oaks Ag Research and Education Center Inc ($2.2m) and Foundation for Human Development ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $42k (4.0% of expenses). At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.