African Summon Inc
Analysis
African Summon Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in April 2022, 4 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, African Summon Inc reported income of $153k and spending of $141k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $153k (+77%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, African Summon Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Management Skills for Wildlife Conservation ($153k), California Association of Leaders of Career Preparation ($153k) and Crofton High Cardinal Club Inc ($153k).
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 $23k against liabilities of $0, net assets of $23k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Management Skills for Wildlife Conservation | Chevy Chase | $153k |
| California Association of Leaders of Career Preparation | Laguna Niguel | $153k |
| Crofton High Cardinal Club Inc | Crofton | $153k |
| Southside Baptist Academy Inc | Tampa | $153k |