Anderson Merchandisers Associate Assistance Fund

Analysis

Anderson Merchandisers Associate Assistance Fund is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 1995, 31 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 March 2024, Anderson Merchandisers Associate Assistance Fund reported income of $110k and spending of $173k, spending 157% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from $226k to $110k (-51%), an average of -21% a year. The sharpest change came in the year to March 2024, when income dropped by 41%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anderson Merchandisers Associate Assistance Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Heavens Reach Ministries ($110k), Fuse Inc ($110k) and Read to Me Stockton ($110k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.