Horn of Africa Services
Analysis
Horn of Africa Services is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1998, 28 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, Horn of Africa Services reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.8m (+115%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horn of Africa Services sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Unity Shelter ($2.8m), Womens Safe House ($2.8m) and Abacus Credit Counseling ($2.8m).
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 $172k (6.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.3m against liabilities of $265k, net assets of $2.0m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Unity Shelter | Corvallis | $2.8m |
| Womens Safe House | Saint Louis | $2.8m |
| Abacus Credit Counseling | Encino | $2.8m |
| Real Place Inc | Redford | $2.8m |