Aceli Africa Inc

Analysis

Aceli Africa Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 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, Aceli Africa Inc reported income of $12.0m and spending of $10.6m, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $763k to $12.0m (+1477%), an average of +151% a year. The sharpest change came in the year to December 2021, when income rose by 401%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Aceli Africa Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 89th percentile within DC. Charities of a similar size with the same main cause include International Center for Not-For- Profit Law Inc ($12.0m), African Mission Healthcare Foundation ($12.0m) and Women Win Foundation Inc ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $163k (1.5% of expenses). Other salaries and wages came to $132k. At year end it held assets of $15.3m against liabilities of $13.5m, net assets of $1.8m. It reported 3 employees.