African-Carribean Institute Inc

Analysis

African-Carribean Institute Inc is a registered charity in United States, based in Norwich, VT. It received its IRS tax-exemption ruling in July 1989, 37 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, African-Carribean Institute Inc reported income of $83k and spending of $22k, leaving 74% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $198k to $83k (-58%), an average of -58% a year. The sharpest change came in the year to June 2024, when income dropped by 58%. Over the whole period it spent 18% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African-Carribean Institute Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 23rd percentile within VT. Charities of a similar size with the same main cause include St Davids Relief Foundation ($83k), Martin Center ($83k) and Hungry Hearts International ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.