Acfb Support Organization Inc

Analysis

Acfb Support Organization Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Acfb Support Organization Inc reported income of $446k and spending of $2.7m, spending 609% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $453k to $446k (-1.6%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 901%. Over the whole period it spent 160% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acfb Support Organization Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Iowa Congolese Organization and Center for Healing ($446k), Disabled American Veterans Store Trustee Account ($446k) and Dyer County Office on Aging Inc ($446k).

At year end it held assets of $38.5m against liabilities of $46.8m, net assets of -$8.4m.