Andp Development Fund Inc

Analysis

Andp Development Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Andp Development Fund Inc reported income of $152k and spending of $152k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $7.6m to $152k (-98%), an average of -86% a year. The sharpest change came in the year to June 2023, when income dropped by 98%. Over the whole period it spent 1.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Andp Development Fund Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Potters House for Women Inc ($152k), Prime Housing Inc ($153k) and MHC Homes Inc ($152k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15.3m against liabilities of $0, net assets of $15.3m.