Affirm Cares

Analysis

Affirm Cares is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Affirm Cares reported income of $119k and spending of $114k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8,904 to $119k (+1241%), an average of +91% a year. The sharpest change came in the year to December 2020, when income rose by 4481%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Affirm Cares sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Gila Community and Tourism Development Inc ($119k), Central Community Association Inc ($119k) and Ecologists Without Borders ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.