African Communities Together

Analysis

African Communities Together is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Communities Together reported income of $3.8m and spending of $5.8m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.8m (+175%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, African Communities Together sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Out Memphis ($3.8m), Acres of Love Inc ($3.8m) and Yolo Crisis Nursey Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $119k (2.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.6m against liabilities of $435k, net assets of $5.1m. It reported 59 employees.