Possibilities Africa

Analysis

Possibilities Africa is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Possibilities Africa reported income of $658k and spending of $838k, spending 127% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $429k to $658k (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 210%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Possibilities Africa sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include International Orphan Care ($658k), Kabod International ($658k) and Karya Kares ($658k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $96k (12% of expenses). At year end it held assets of $340k against liabilities of $0, net assets of $340k. It reported 1 employees.