African Community Center of Lowell

Analysis

African Community Center of Lowell is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, African Community Center of Lowell reported income of $72k and spending of $70k, spending 97% of its income. The sharpest change came in the year to June 2024, when income rose by 401%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, African Community Center of Lowell sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Buckhead Lions Club Foundation Inc ($72k), Mercy Cares Inc ($72k) and Kiwanis Club of Thousand Oaks of California Charitable Foundation ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,972 against liabilities of $0, net assets of $4,972.