The Association for the Study of African American Life and History

Analysis

The Association for the Study of African American Life and History is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1927, 99 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Association for the Study of African American Life and History reported income of $2.4m and spending of $2.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.4m (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Association for the Study of African American Life and History sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Utah Inc ($2.4m), Catholic Charities Foundation of the Archdiocese of Washington ($2.4m) and Youth Radio ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $168k (6.5% of expenses). Other salaries and wages came to $565k. At year end it held assets of $1.0m against liabilities of $167k, net assets of $879k. It reported 10 employees.