Afro Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 45,621 | 40,531 | 5,090 | 14.3 | 0% |
| 2013 | 25,140 | 15,392 | 9,748 | 45.2 | 0% |
| 2014 | 15,733 | 14,432 | 1,301 | 49.3 | 0% |
| 2015 | 11,916 | 6,747 | 5,169 | 114.6 | 0% |
| 2016 | 23,715 | 42,384 | −18,669 | 13.0 | 0% |
| 2017 | 36,114 | 37,876 | −1,762 | 13.9 | 0% |
| 2018 | 48,412 | 26,376 | 22,036 | 30.1 | — |
| 2019 | 1,837 | 9,937 | −8,100 | 70.0 | — |
| 2020 | 44,794 | 32,672 | 12,122 | 20.0 | — |
| 2021 | 51,489 | 36,174 | 15,315 | 23.1 | — |
| 2022 | 2,451,371 | 258,195 | 2,193,176 | 105.3 | 29% |
| 2023 | 390,141 | 445,837 | −55,696 | 100.9 | 40% |
In its most recent public year (2023), this organization spent $55,696 more than it brought in. Its reserves stood at about 100.9 months of spending, up from 14.3 in 2012. Staff pay was 40% of spending. $2,754,212 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
Afro Charities Inc'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