African Christian Schools Foundation Inc

Analysis

African Christian Schools Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1960, 66 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 August 2023, African Christian Schools Foundation Inc reported income of $392k and spending of $431k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income grew from $282k to $392k (+39%), an average of +8.6% a year. The sharpest change came in the year to August 2021, when income rose by 61%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Christian Schools Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Mission Encounters International Inc ($392k), Team Tobati Inc ($392k) and Links International ($392k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (19% of expenses). Other salaries and wages came to $8,808. At year end it held assets of $562k against liabilities of $31k, net assets of $531k. It reported 2 employees.