Afrikan Heritage and Culture Village of Memphis

Analysis

Afrikan Heritage and Culture Village of Memphis is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Afrikan Heritage and Culture Village of Memphis reported income of $106k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $106k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Afrikan Heritage and Culture Village of Memphis sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Tennessee Head Start Association Inc ($106k), Friends of Parks and Recreation ($106k) and Double J Ranch ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,043 against liabilities of $0, net assets of $2,043.