African School for Excellence

Analysis

African School for Excellence is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2015, 11 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 School for Excellence reported income of $137k and spending of $99k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $137k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 1063%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, African School for Excellence sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 24th percentile within DC. Charities of a similar size with the same main cause include PPL Development Co Inc ($137k), Satchel Ford Elementary School PTO Inc ($137k) and Roots of South Sudan ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $55k, net assets of -$12k.