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African Girls Hope Foundation Aghf Inc

RegisteredEIN 84-4810623Cumming, GAPoverty relief
Income$349k2023-12
Spending$230ksame year
Spent / received70%3-year average
Size in its cause59th pctPoverty relief
Exempt since2020Publicly supported organisat
Employees2latest return

Analysis

African Girls Hope Foundation Aghf Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, African Girls Hope Foundation Aghf Inc reported income of $349k and spending of $230k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $64k to $349k (+448%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, African Girls Hope Foundation Aghf Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Mourning Family Foundation Inc ($349k), Houses for Warriors ($349k) and TR 4 Heart & Soul Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $33k (14% of expenses). Other salaries and wages came to $18k. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 2 employees.

Income and spending

$0$87k$174k$262k$349k2021 Income: $63,7152021 Spending: $59,41620212022 Income: $136,6592022 Spending: $92,08820222023 Income: $348,9942023 Spending: $230,2762023
IncomeSpending

Where the income comes from

  • Contributions & grants 55%
  • Program services 37%
  • Other 7.6%

Similar-sized charities, same cause

CharityLocationIncome
Mourning Family Foundation IncMiami$349k
Houses for WarriorsEvergreen$349k
TR 4 Heart & Soul IncBismarck$349k
Destiny Power & Purpose IncWashington$349k