Akoma Unity Center

Analysis

Akoma Unity Center is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Akoma Unity Center reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $220k to $1.7m (+679%), an average of +67% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Akoma Unity Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Building Audacity ($1.7m), Starbase Inc ($1.7m) and Greater San Diego Boys & Girls Clubs Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (5.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $601k against liabilities of $497k, net assets of $104k. It reported 97 employees.