True Africa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 54,261 | 51,959 | 2,302 | 3.0 | — |
| 2013 | 157,734 | 116,019 | 41,715 | 5.6 | — |
| 2014 | 153,829 | 140,803 | 13,026 | 5.8 | — |
| 2015 | 144,947 | 144,670 | 277 | 5.6 | — |
| 2016 | 196,717 | 152,806 | 43,911 | 9.0 | — |
| 2017 | 257,192 | 209,061 | 48,131 | 9.5 | 0% |
| 2018 | 208,743 | 252,359 | −43,616 | 6.3 | 0% |
| 2019 | 277,558 | 210,969 | 66,589 | 11.1 | 0% |
| 2020 | 448,812 | 211,822 | 236,990 | 24.7 | 0% |
| 2021 | 419,113 | 333,233 | 85,880 | 18.3 | 0% |
| 2022 | 693,734 | 188,759 | 504,975 | 62.0 | 0% |
| 2023 | 377,920 | 347,016 | 30,904 | 35.6 | 0% |
In its most recent public year (2023), this organization brought in $30,904 more than it spent. Its reserves stood at about 35.6 months of spending, up from 3 in 2012. Staff pay was 0% of spending. $448,746 of its net assets are donor-restricted.
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
True Africa's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works