Into Africa Inc

Analysis

Into Africa Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2008, 18 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, Into Africa Inc reported income of $178k and spending of $106k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $178k (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Into Africa Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Lecudo USA Corp ($177k), Chadasha Foundation ($178k) and Earth and Water ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.