Ancestral Knowledge Inc
Analysis
Ancestral Knowledge Inc is a registered charity in United States, based in Mount Rainier, MD. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Ancestral Knowledge Inc reported income of $232k and spending of $254k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $232k (+12%), an average of +4.0% a year. Over the whole period it spent 94% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ancestral Knowledge Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Joyful Child Foundation-In Memory of Samantha Runnion ($232k), 650 Xtreme Volleyball Club ($232k) and Loving Orphans Global ($232k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $70k (28% of expenses). Other salaries and wages came to $108k. At year end it held assets of $81k against liabilities of $0, net assets of $81k. It reported 10 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Joyful Child Foundation-In Memory of Samantha Runnion | Westminster | $232k |
| 650 Xtreme Volleyball Club | San Mateo | $232k |
| Loving Orphans Global | Mammoth Lakes | $232k |
| Sweet Julia Grace Foundation Inc | Bristow | $232k |