Africa Needs U Inc

Analysis

Africa Needs U Inc is a registered charity in United States, based in Hanover, MD. It received its IRS tax-exemption ruling in June 2007, 19 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 Needs U Inc reported income of $114k and spending of $120k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $114k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa Needs U Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Grace and Peace Mission to Orissa ($114k), Friends of Buddha Fellowship Incorporated ($115k) and Hills of His Grace ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $8,954, net assets of $53k.