African Education Outreach Inc

Analysis

African Education Outreach Inc is a registered charity in United States, based in Ladson, SC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, African Education Outreach Inc reported income of $91k and spending of $98k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $123k to $91k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, African Education Outreach Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Wisconsin Builders Foundation Inc ($91k), Western Reserve Area Agency on Aging Foundation ($91k) and Seminole County Sheriff Foundation Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.