Forafrika

Analysis

Forafrika is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Forafrika reported income of $35.2m and spending of $34.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $35.2m (+219%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Forafrika sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Martha Obryan Center Inc ($34.7m), Jericho Road Ministries ($36.5m) and Rightnow Ministries International ($34.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $122k (0.4% of expenses). Other salaries and wages came to $94k. At year end it held assets of $486k against liabilities of $126k, net assets of $360k. It reported 4 employees.