Anzafrika

Analysis

Anzafrika is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Anzafrika reported income of $50k and spending of $33k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $50k (+399%), an average of +399% a year. The sharpest change came in the year to December 2023, when income rose by 399%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Anzafrika sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Blue Belt the Blue Corp ($50k), Reinvest Toledo ($50k) and Non Profit Development Center Ofsouthern New Jersey Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.