African Cultural Services Inc

Analysis

African Cultural Services Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in October 2013, 13 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 Cultural Services Inc reported income of $455k and spending of $448k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $162k to $455k (+181%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Cultural Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Kelly Green Global Inc ($455k), Mission Possible Foundation Inc ($455k) and Cherish Our Children Inc ($455k).

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 $52k (12% of expenses). Other salaries and wages came to $249k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 1 employees.