African Road Inc
Analysis
African Road Inc is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in September 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, African Road Inc reported income of $1.2m and spending of $1.5m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $697k to $1.2m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 96% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Road Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Children of the Promise ($1.2m), Kinetix Global Development Corporation ($1.2m) and American Caribbean Experience Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $100k (6.7% of expenses). Other salaries and wages came to $256k. At year end it held assets of $330k against liabilities of $0, net assets of $330k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Children of the Promise | Willmar | $1.2m |
| Kinetix Global Development Corporation | Albuquerque | $1.2m |
| American Caribbean Experience Inc | Sandy Springs | $1.2m |
| Abandoned Childrens Fund | Santa Rosa | $1.2m |