Atascadero Loaves and Fishes

Analysis

Atascadero Loaves and Fishes is a registered charity in United States, based in Atascadero, CA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Atascadero Loaves and Fishes reported income of $794k and spending of $705k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $794k (+210%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 256%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atascadero Loaves and Fishes sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Ancient Egypt Research Asssociates Inc ($794k), Eastern Connecticut Housing Organization Inc ($794k) and Phi Theta Kappa Fraternity ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $982k against liabilities of $20k, net assets of $962k.