Africa Schoolhouse Foundation

Analysis

Africa Schoolhouse Foundation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in November 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, Africa Schoolhouse Foundation reported income of $337k and spending of $345k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $337k (+405%), an average of +405% a year. The sharpest change came in the year to December 2023, when income rose by 405%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa Schoolhouse Foundation 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 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Glocal Ventures Inc ($337k), Hope for the Fatherless ($337k) and Womens Campaign International ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $9,475 against liabilities of $0, net assets of $9,475.