Africa Future Foundation

Analysis

Africa Future Foundation is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Africa Future Foundation reported income of $359k and spending of $293k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $359k (+147%), an average of +147% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa Future Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Building Everyones Success Together in West Africa ($359k), Project R12 ($359k) and Olive Tree Ministry ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (4.1% of expenses). At year end it held assets of $153k against liabilities of $0, net assets of $153k. It reported 1 employees.