Africa Family Rescue
Analysis
Africa Family Rescue is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in September 2015, 11 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, Africa Family Rescue reported income of $728k and spending of $746k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $728k (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Africa Family Rescue sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Financial Literacy International Inc ($728k), United Recovery Fund ($728k) and Family Care Connection ($728k).
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 $180k (24% of expenses). At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Financial Literacy International Inc | Hollidaysburg | $728k |
| United Recovery Fund | Portland | $728k |
| Family Care Connection | Dallas | $728k |
| Cycle - Changing Young Childrens Lives Through Education | Spring | $729k |