Educate Africa Foundation

Analysis

Educate Africa Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Educate Africa Foundation reported income of $136k and spending of $187k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $136k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educate Africa Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Colorado Theological Seminary ($136k), Engaging Opportunities Foundation ($136k) and East Mountain High School Foundation ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,397 against liabilities of $0, net assets of $3,397.