American Initiative for Health and Wellness in Africa Inc

Analysis

American Initiative for Health and Wellness in Africa Inc is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, American Initiative for Health and Wellness in Africa Inc reported income of $147k and spending of $146k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $254k to $147k (-42%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Initiative for Health and Wellness in Africa Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include National Federation Foundation ($147k), Grandview Care Foundation Inc ($147k) and United Way of Guernsey and Noble Counties Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.