Africa Relief And Community Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 95 | 0 | 95 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 316,701 | 217,819 | 98,882 | 5.4 | 0% |
| 2020 | 1,605,365 | 1,656,345 | −50,980 | 0.4 | 7% |
| 2021 | 4,572,293 | 3,572,723 | 999,570 | 3.5 | 8% |
| 2022 | 9,712,423 | 9,801,964 | −89,541 | 1.2 | 5% |
| 2023 | 9,309,641 | 9,927,099 | −617,458 | 0.5 | 6% |
In its most recent public year (2023), this organization spent $617,458 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 6% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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