African Christian Outreach Inc

Analysis

African Christian Outreach Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, African Christian Outreach Inc reported income of $834k and spending of $822k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $834k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, African Christian Outreach Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Immanuel Foundation ($834k), Missionworks ($835k) and Rick Via Ministries ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $100k (12% of expenses). Other salaries and wages came to $217k. At year end it held assets of $274k against liabilities of $109k, net assets of $166k. It reported 2 employees.