National Summit on Africa

Analysis

National Summit on Africa is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, National Summit on Africa reported income of $80k and spending of $63k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $80k (+0.6%), an average of +0.6% a year. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, National Summit on Africa sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 15th percentile within DC. Charities of a similar size with the same main cause include Waymakers Missions ($80k), Figi Jezi ($80k) and Baskerville Institute ($80k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $23k, net assets of $30k.