Acme Smoked Fish Foundation Inc

Analysis

Acme Smoked Fish Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Acme Smoked Fish Foundation Inc reported income of $471k and spending of $417k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $128k to $471k (+269%), an average of +92% a year. The sharpest change came in the year to December 2022, when income rose by 236%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Acme Smoked Fish Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Community Foundation Trust of Sarasota County ($471k), American Friends of Kehillat Nofei Hashemesh ($472k) and The Methodist Foundation of Ohio Incorporated ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $407k against liabilities of $46k, net assets of $361k.