Diaspora African Forum Foundation Inc

Analysis

Diaspora African Forum Foundation Inc is a registered charity in United States, based in Parkville, MD. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Diaspora African Forum Foundation Inc reported income of $179k and spending of $178k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $11k to $179k (+1474%), an average of +297% a year. The sharpest change came in the year to December 2023, when income rose by 1156%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diaspora African Forum Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Ashland Housing Development Corporation ($179k), Aresis Ensemble Inc ($179k) and Amature Athletic Union of the United States Inc ($179k).

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 $1,397 against liabilities of $0, net assets of $1,397.