Afoakom USA

Analysis

Afoakom USA is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Afoakom USA reported income of $224k and spending of $146k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $224k (+279%), an average of +279% a year. The sharpest change came in the year to December 2023, when income rose by 279%. Over the whole period it spent 54% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Afoakom USA sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Way Foundation International ($224k), Educators Institute for Human Rights ($225k) and Oya No Kai Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.