Rafiki Africa Ministries Inc

Analysis

Rafiki Africa Ministries Inc is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in April 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, Rafiki Africa Ministries Inc reported income of $333k and spending of $312k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $333k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rafiki Africa Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Connect with a Child ($332k), Friends of Fountain of Hope ($333k) and American Friends of Torah Btzfat Inc ($332k).

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 $36k (12% of expenses). At year end it held assets of $206k against liabilities of $459, net assets of $205k. It reported 1 employees.