African Aquatic Conservation Fund Inc

Analysis

African Aquatic Conservation Fund Inc is a registered charity in United States, based in Chilmark, MA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Aquatic Conservation Fund Inc reported income of $716k and spending of $702k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $134k to $716k (+436%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 173%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, African Aquatic Conservation Fund Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Pandas International ($716k), Camp Cocker Rescue Inc ($716k) and Texas Chihuahua Rescue Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $78k (11% of expenses). At year end it held assets of $458k against liabilities of $207k, net assets of $251k.