AFRICAN COMMUNITY ECONOMIC DEVELOPMENT OF NEW ENGLAND

Boston, MA, 02111 (617) 412-6845 Est. 2002 EIN 51-0419358

P84 - Ethnic & Immigrant Centers 990 - Public charity return 501(c)(3)

Mission

SUPPORT AFRICAN REFUGEE & IMMIGRANT PRIMARLY EAST AFRICAN FAMILIES. PROVIDE EDUCATIONAL SUPPORT AND ECONOMIC DEVELOPMENT

Total Revenue

$5,073,811

Total Expenses

$5,394,204

Net Assets

$899,301

8 employees

From latest filing (tax period ending 2024-12-31)

Operating Reserve

2.0 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 13.2%

Expenses ↑ 13.9%

Revenue Sources

Contributions 100.0%

Expense Breakdown

Program 80.9% Management 11.5% Fundraising 7.6%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$5,073,811 ↓	$5,394,204	$899,301
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$5,846,206 ↑	$4,733,852	$1,219,694
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$2,056,732 ↑	$2,269,558	$107,339
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$1,725,358 ↑	$1,417,832	$320,165
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$613,704 ↑	$619,134	$6,481
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$287,741	$275,474	$5,214