Afghans Empowered Corp

Analysis

Afghans Empowered Corp is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2022, 4 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 August 2023, Afghans Empowered Corp reported income of $569k and spending of $106k, leaving 81% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $241k to $569k (+136%), an average of +136% a year. The sharpest change came in the year to August 2023, when income rose by 136%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Afghans Empowered Corp sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Our Community Food Pantry Inc ($569k), Californians for Homeownership Inc ($569k) and Project Canvas ($569k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $578k against liabilities of $0, net assets of $578k.