African Parks Foundation of America

Analysis

African Parks Foundation of America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Parks Foundation of America reported income of $51.6m and spending of $59.0m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $51.6m (+475%), an average of +55% a year. The sharpest change came in the year to December 2020, when income rose by 1210%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, African Parks Foundation of America sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include National Forest Foundation ($51.6m), Detroit Riverfront Conservancy Inc ($52.1m) and San Antonio Livestock Exposition Inc ($50.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $843k (1.4% of expenses). Other salaries and wages came to $234k. At year end it held assets of $76.9m against liabilities of $5,203, net assets of $76.9m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.