Photo: Alexandra Seegers
Africare understands that donors consider good financial stewardship to be an essential quality of a charitable organization. Africare's annual reports are available online. Below, find detailed financial information.
We strive to use every donor dollar efficiently, ensuring that the greatest possible assistance — "program services" — reaches the neediest families and communities in Africa.
Using the most recently audited fiscal year (2012), 94% of every Africare dollar goes to program services in Africa. Only 6% of every dollar goes to administration (management, general and fund raising).
Another part of good financial stewardship is transparency. For that reason, Africare's IRS Form 990s as well as our complete, audited financial statements are available for your review. Africare's fiscal year is July 1 through June 30. For example, FY2012 was July 1, 2011 through June 30, 2012.
Summary of financial statements, most recently audited fiscal year: