Fountain of Life Africa

Analysis

Fountain of Life Africa is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in September 2021, 5 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, Fountain of Life Africa reported income of $102k and spending of $46k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $102k (+2.6%), an average of +2.6% a year. Over the whole period it spent 153% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fountain of Life Africa sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Desert Manna Food Pantry Inc ($102k), Wednesdays Child Inc ($102k) and Deforest Half Century Club Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $117k against liabilities of $1,391, net assets of $115k.