Africa New Day Inc

Analysis

Africa New Day Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in January 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, Africa New Day Inc reported income of $868k and spending of $1.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $903k to $868k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa New Day Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Sons of Norway Foundation ($866k), A Connected Planet ($869k) and Worlds Children ($866k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $123k (12% of expenses). At year end it held assets of $211k against liabilities of $18, net assets of $211k. It reported 1 employees.