Africa Foundation USA

Analysis

Africa Foundation USA is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Africa Foundation USA reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $766k to $1.3m (+64%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Africa Foundation USA sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NV. Charities of a similar size with the same main cause include Tustins Friendship Association for Leprosy Inc ($1.3m), Sister India Ltd ($1.3m) and S4ca Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $127k (10% of expenses). Other salaries and wages came to $49k. At year end it held assets of $1.3m against liabilities of $284k, net assets of $1.0m. It reported 2 employees.