Akala Family Foundation

Analysis

Akala Family Foundation is a registered charity in United States, based in Cologne, MN. It received its IRS tax-exemption ruling in March 2020, 6 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, Akala Family Foundation reported income of $163k and spending of $125k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $163k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Akala Family Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include For the Love of Mateo ($163k), Love Unconditional Inc ($163k) and Friends of Semilla ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.