African Children Today Inc

Analysis

African Children Today Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, African Children Today Inc reported income of $626k and spending of $669k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $419k to $626k (+49%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, African Children Today Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Toddler Towers Corporation ($626k), Cultivators ($626k) and MSGR Kelly Catholic High School Foundation Inc ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.