African Artists Community Development Project Inc

Analysis

African Artists Community Development Project Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, African Artists Community Development Project Inc reported income of $169k and spending of $155k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $169k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African Artists Community Development Project Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Bartlett Historical Society ($169k), Community Concerts at Second ($169k) and Columbia Gorge Orchestra Association ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.