Afghan Cultural Society

Analysis

Afghan Cultural Society is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Afghan Cultural Society reported income of $1.0m and spending of $909k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $357k to $1.0m (+182%), an average of +182% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Afghan Cultural Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Coming Home of Middlesex County ($1.0m), Tel Hai Development Inc ($1.0m) and Kids Landing Day Care and Learning Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (8.1% of expenses). Other salaries and wages came to $560k. At year end it held assets of $338k against liabilities of $185k, net assets of $153k. It reported 26 employees.