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African Diaspora Network

RegisteredEIN 46-0632056Santa Clara, CAOverseas aid and international
Income$1.2m2023-12
Spending$1.3msame year
Spent / received76%5-year average
Size in its cause82nd pctOverseas aid and international
Exempt since2014Publicly supported organisat
Employees6latest return

Analysis

African Diaspora Network is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in March 2014, 12 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, African Diaspora Network reported income of $1.2m and spending of $1.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $1.2m (+281%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Diaspora Network sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Partnership for Quality Medical Donations ($1.2m), American Society of the University of Haifa ($1.2m) and Capable ($1.2m).

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 $156k (12% of expenses). Other salaries and wages came to $211k. It paid $53k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $24k, net assets of $1.0m. It reported 6 employees.

Income and spending

$0$322k$645k$967k$1.3m2019 Income: $306,4422019 Spending: $190,93820192020 Income: $400,3452020 Spending: $319,54620202021 Income: $741,1302021 Spending: $484,40220212022 Income: $1,285,6792022 Spending: $683,04420222023 Income: $1,168,4502023 Spending: $1,289,1452023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Partnership for Quality Medical DonationsAnnapolis$1.2m
American Society of the University of HaifaNew York$1.2m
CapableBend$1.2m
American Friends of Yeshiva Da Aschochma IncMonsey$1.2m