Afronomicslaw NFP

Analysis

Afronomicslaw NFP is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Afronomicslaw NFP reported income of $137k and spending of $190k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $187k to $137k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Afronomicslaw NFP sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Plymouth Civic League Inc ($137k), Friends of Music Inc ($137k) and Thumbs Up Inc ($137k).

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 $15k against liabilities of $3,789, net assets of $11k.