Africa Bright Future Ministries Inc

Analysis

Africa Bright Future Ministries Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in February 2010, 16 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 Bright Future Ministries Inc reported income of $289k and spending of $294k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $289k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa Bright Future Ministries Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within ID. Charities of a similar size with the same main cause include Riviera Parliament Inc ($289k), De LA Gente Inc ($289k) and Nazdeek Inc ($288k).

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 $76k against liabilities of $0, net assets of $76k.