Authentic Caribbean Foundation Inc

Analysis

Authentic Caribbean Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Authentic Caribbean Foundation Inc reported income of $301k and spending of $309k, spending 103% of its income. Across the 4 years on record, from November 2021 to December 2023, income grew from $161k to $301k (+86%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Authentic Caribbean Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include California Institute for Rural Studies Inc ($301k), Santa Ynez Valley Foundation ($301k) and Creation Studies Institute ($300k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. It paid $125k in professional fundraising fees. At year end it held assets of -$5,091 against liabilities of $0, net assets of -$5,091.