African Diaspora College Access Program

Analysis

African Diaspora College Access Program is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2017, 9 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 Diaspora College Access Program reported income of $296k and spending of $308k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $296k (+181%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 345%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, African Diaspora College Access Program sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include West Virginia Sheet Metal Workers Joint Apprenticeship Training ($296k), Spark Alc Inc ($296k) and Stephen Breen Memorial Foundation Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $90k (29% of expenses). Other salaries and wages came to $77k. At year end it held assets of $453k against liabilities of $6,077, net assets of $446k. It reported 4 employees.