African American Male Educational Network and Development

Analysis

African American Male Educational Network and Development is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in January 2019, 7 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, African American Male Educational Network and Development reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $728k to $1.2m (+64%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, African American Male Educational Network and Development sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Educational Endowment Fund Inc ($1.2m), Ohio Scholarship Fund ($1.2m) and Whitinsville Social Library ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $184k (18% of expenses). Other salaries and wages came to $25k. At year end it held assets of $681k against liabilities of $8,687, net assets of $672k.