Tidewater African Cultural Alliance

Analysis

Tidewater African Cultural Alliance is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Tidewater African Cultural Alliance reported income of $100k and spending of $95k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $100k (-9.4%), an average of -9.4% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tidewater African Cultural Alliance sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Three Lakes Association Inc ($100k), Armenians of Colorado Inc ($100k) and PTA North Carolina Congress ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.