Indego Africa Project

Analysis

Indego Africa Project is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2007, 19 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, Indego Africa Project reported income of $503k and spending of $553k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $521k to $503k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Indego Africa Project sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Today Im Brave ($503k), Cordell Hull Foundation for International Education ($503k) and Glory Outreach Assembly - US Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $68k (12% of expenses). Other salaries and wages came to $258k. At year end it held assets of $233k against liabilities of $77k, net assets of $156k. It reported 7 employees.