Afef Inc

Analysis

Afef Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Afef Inc reported income of $4.1m and spending of $3.2m, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $5.0m to $4.1m (-17%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 66% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Afef Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Family Service & Childrens Aid Society of Venango County ($4.1m), Api Chaya ($4.1m) and Regional Housing Legal Services ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.6m against liabilities of $771k, net assets of $4.8m.