African Voices Communications Inc
Analysis
African Voices Communications Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, African Voices Communications Inc reported income of $271k and spending of $291k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $271k (+15%), an average of +7.3% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, African Voices Communications Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Techie Youth Corp ($271k), Bay State Learning Center Inc ($271k) and Pure in Heart Christian Academy & Performing Arts Center Inc ($271k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $65k (22% of expenses). At year end it held assets of $178k against liabilities of $36k, net assets of $143k.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 12%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Techie Youth Corp | Rego Park | $271k |
| Bay State Learning Center Inc | Dedham | $271k |
| Pure in Heart Christian Academy & Performing Arts Center Inc | Daytona Beach | $271k |
| Teaching Beyond the Square Inc | New York | $271k |