Africulture

Analysis

Africulture is a registered charity in United States, based in Unionville, VA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Africulture reported income of $243k and spending of $144k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $1,465 to $243k (+16499%), an average of +1188% a year. The sharpest change came in the year to December 2022, when income rose by 10814%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Africulture sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Albany Therapeutic Riding Center Inc ($243k), Hy Vong ($243k) and Fields to Families ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (23% of expenses). At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 1 employees.