African Community Education Program

Analysis

African Community Education Program is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, African Community Education Program reported income of $6.7m and spending of $2.2m, leaving 68% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $620k to $6.7m (+979%), an average of +121% a year. The sharpest change came in the year to June 2022, when income rose by 171%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, African Community Education Program sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Institute for Nonprofit Practice Inc ($6.7m), Adapt Incorporated ($6.7m) and Community Link Mission Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 4.0% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $9.1m against liabilities of $283k, net assets of $8.8m. It reported 56 employees.