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African Summon Inc

RegisteredEIN 87-2656266Germantown, MDEducation and training
Income$153k2023-12
Spending$141ksame year
Spent / received90%2-year average
Size in its cause49th pctEducation and training
Exempt since2022Publicly supported organisat
Employees–latest return

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

$0$38k$77k$115k$153k2022 Income: $86,3502022 Spending: $75,62120222023 Income: $153,2412023 Spending: $140,5302023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Management Skills for Wildlife ConservationChevy Chase$153k
California Association of Leaders of Career PreparationLaguna Niguel$153k
Crofton High Cardinal Club IncCrofton$153k
Southside Baptist Academy IncTampa$153k