A Glimpse of Africa

Analysis

A Glimpse of Africa is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Glimpse of Africa reported income of $483k and spending of $371k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $483k (+244%), an average of +244% a year. The sharpest change came in the year to December 2023, when income rose by 244%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, A Glimpse of Africa sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Fw4k Enterprise Inc ($483k), Matco Industries Inc ($483k) and Row House Community Development ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $121k (33% of expenses). Other salaries and wages came to $146k. At year end it held assets of $269k against liabilities of $0, net assets of $269k.