Basic Institute for Zonal African Advancement

Analysis

Basic Institute for Zonal African Advancement is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Basic Institute for Zonal African Advancement reported income of $335k and spending of $338k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $335k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Basic Institute for Zonal African Advancement sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include The Bridge Avenue School ($335k), Reliance College Fund ($335k) and Pittsburg Unified School District 250 Foundation ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $8,027. At year end it held assets of $149k against liabilities of $108, net assets of $149k. It reported 2 employees.