Assoc for the Study of Classical African Civilizations Foundation

Analysis

Assoc for the Study of Classical African Civilizations Foundation is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 1996, 30 years ago. 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, Assoc for the Study of Classical African Civilizations Foundation reported income of $59k and spending of $16k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $59k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assoc for the Study of Classical African Civilizations Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include Beta Phi Foundation Inc ($59k), Policy Pathways Inc ($59k) and PTA Florida Congress ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 18% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.