Microfinancing Partners in Africa

Analysis

Microfinancing Partners in Africa is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Microfinancing Partners in Africa reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $1.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Microfinancing Partners in Africa sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Collaborative to End Human Trafficking ($1.2m), Bill Cook Foundation ($1.2m) and Gardens for Health International ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $181k. At year end it held assets of $984k against liabilities of $5,599, net assets of $978k. It reported 5 employees.