American Friends of Zanaafrica Corp

Analysis

American Friends of Zanaafrica Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, American Friends of Zanaafrica Corp reported income of $843k and spending of $1.2m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $843k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Zanaafrica Corp sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Sioux YMCA ($843k), Barberton Area Community Ministries ($843k) and Bethany House of Hospitality ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $165k (14% of expenses). It paid $28k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $280k, net assets of $1.2m. It reported 1 employees.