True Africa

Analysis

True Africa is a registered charity in United States, based in Timnath, CO. It received its IRS tax-exemption ruling in September 2006, 20 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, True Africa reported income of $378k and spending of $347k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $378k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, True Africa sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Louisiana Charter School Alliance ($378k), Writing by Writers ($378k) and South Central Wisconsin Area Health Education Center Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.