Afriky Lolo

Analysis

Afriky Lolo is a registered charity in United States, based in Florissant, MO. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Afriky Lolo reported income of $55k and spending of $52k, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $14k to $55k (+292%), an average of +98% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Afriky Lolo sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within MO. Charities of a similar size with the same main cause include Ebell Friends ($55k), Boulder Muse ($55k) and Lakeshore Visual Arts Collective Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 75% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.