Princeton-In-Africa

Analysis

Princeton-In-Africa is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Princeton-In-Africa reported income of $562k and spending of $583k, spending 104% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $708k to $562k (-21%), an average of -5.6% a year. The sharpest change came in the year to March 2023, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Princeton-In-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 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Reserve Connection ($561k), Womens Fund of Smith County ($562k) and E B Dunn Historic Garden Trust ($561k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $94k (16% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.2m against liabilities of $87k, net assets of $1.1m. It reported 8 employees.