Africa Community Aid Dba-Acaid

Analysis

Africa Community Aid Dba-Acaid is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Aid Dba-Acaid reported income of $102k and spending of $104k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $102k (+254%), an average of +254% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Africa Community Aid Dba-Acaid sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Mason City Chamber of Commerce Foundation ($102k), Red Oak Opportunity Foundation ($102k) and Good Job Angels Inc ($102k).

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 $7,041 against liabilities of $0, net assets of $7,041.