African-American Community Trust NFP

Analysis

African-American Community Trust NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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-American Community Trust NFP reported income of $328k and spending of $208k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $18k to $328k (+1713%), an average of +326% a year. The sharpest change came in the year to December 2023, when income rose by 56486%. Over the whole period it spent 63% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, African-American Community Trust NFP sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Equal Citizens Foundation ($328k), Birthright Lake Inc ($328k) and Vermonters for Criminal Justice Reform ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7,100. At year end it held assets of $119k against liabilities of $0, net assets of $119k.