Afopey

Analysis

Afopey is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Afopey reported income of $468k and spending of $336k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $468k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 209%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Afopey sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Kidz Academy Inc ($468k), Supplementary Assistance to the Handicapped Sath Inc ($468k) and Rebuilding Broken Places Community Development Corporation ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.