African American Christian Foundation

Analysis

African American Christian Foundation is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in December 1986, 40 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 June 2023, African American Christian Foundation reported income of $2.2m and spending of $2.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $2.2m (+451%), an average of +53% a year. The sharpest change came in the year to June 2021, when income rose by 178%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, African American Christian Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Firebird Community Arts ($2.2m), Childrens Council of Watauga County Inc ($2.2m) and Senior Nutrition Services Region IV Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $106k (5.4% of expenses). Other salaries and wages came to $695k. At year end it held assets of $1.1m against liabilities of $453k, net assets of $641k. It reported 100 employees.