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NEW AFRICA FUND INC

BOCA RATON, Florida, 33496

EIN: 87-1432573

DEMOGRAPHIC

ADDRESS
5269 PRINCETON WAY
33496
COUNTY
palm beach county, FL

ORGANIZATIONAL OVERVIEW & RANKINGS

NEW AFRICA FUND INC is a based in BOCA RATON, FL . Established in March 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $962,393.00, this ranks 218,735 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 10,415 out of 155,377 organizations in FL (Top 7%).

In palm beach county, FL, the organization ranks 1,351 out of 12,964 nonprofits by assets (Top 11%), while locally in boca raton, it stands at 274 among 2,371 organizations (Top 12%).

The organization reported annual revenue of $14,407.00, ranking 577,170 nationally (Top 22%) and 27,881 in FL (Top 18%).

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, NEW AFRICA FUND INC ranks 66,397 in assets (Top 9%) and 159,368 in revenue (Top 21%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$934,758.00
FORM 990 REVENUE AMOUNT
$14,407.00
RULING DATE
03/2021
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$962,393.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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