Africans Reaching Africa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 140,842 | 88,456 | 52,386 | 7.1 | 0% |
| 2019 | 252,921 | 167,036 | 85,885 | 9.9 | 0% |
| 2020 | 342,943 | 191,628 | 151,315 | 18.1 | 0% |
| 2021 | 669,897 | 331,019 | 338,878 | 22.8 | 11% |
| 2022 | 882,801 | 475,791 | 407,010 | 26.1 | 10% |
| 2023 | 955,306 | 639,156 | 316,150 | 25.4 | 9% |
In its most recent public year (2023), this organization brought in $316,150 more than it spent. Its reserves stood at about 25.4 months of spending, up from 7.1 in 2018. Staff pay was 9% 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
Africans Reaching Africa 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