Afia Holding Company

Analysis

Afia Holding Company is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Afia Holding Company reported income of $5.2m and spending of $34k, leaving 99% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $544k to $5.2m (+852%), an average of +76% a year. The sharpest change came in the year to June 2024, when income rose by 2276%. Over the whole period it spent 8.9% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Afia Holding Company sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include John Milledge Academy Inc ($5.2m), Wyeast Mountain Academy Inc ($5.2m) and Arizona Cultural Academy ($5.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 2.9% of the total. At year end it held assets of $8.6m against liabilities of $0, net assets of $8.6m.