AFRO CHARITIES INC

EIN: 526063917 501(c)(3)

Baltimore, MD

Total Revenue
$3,950,136
Total Expenses
$1,115,068
Total Assets
$15,359,540
Net Assets
$7,541,572
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Organization Details

Formation Year
1963
Legal Domicile
MD
Principal Officer
SAVANNAH WOOD
Phone
4436877847
Tax Period
2024-07-01 to 2025-06-30

AFRO CHARITIES INC, founded in 1963, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. The organization ran a surplus of $2.8M, a strong 72% operating margin.

Mission

AFRO CHARITIES CARES FOR THE HISTORIC AFRO AMERICAN NEWSPAPERS' ARCHIVE AND CREATES MEANINGFUL OPPORTUNITIES FOR OUR COMMUNITY TO ENGAGE WITH THIS INDISPENSIBLE SET OF RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $423,280

The development of the historic Upton Mansion includes the restoration of the historic mansion and carriage house, the construction of an annex at the rear of the property, and extensive site work on...

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The development of the historic Upton Mansion includes the restoration of the historic mansion and carriage house, the construction of an annex at the rear of the property, and extensive site work on the grounds. Once complete, the campus will be ADA accessible for the first time in its nearly 200-year history and will become an important economic anchor in a neighborhood that has suffered from generations of disinvestment.

Program 2
Expenses: $334,978 Revenue: $1,870

The AFRO Archives have historically been an internal reference archive for AFRO editors and reporters. Afro Charities has taken on the labor- intensive work of converting these materials into a...

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The AFRO Archives have historically been an internal reference archive for AFRO editors and reporters. Afro Charities has taken on the labor- intensive work of converting these materials into a public-facing research archive. To process the collection, we pull files from throughout the collection and arrange them in alphabetical order, working one letter at a time. We make simple interventions to physically stabilize archival documents in the folders.

Program 3
Expenses: $29,745

Afro Charities hosts a biennial artist commissioning project, inviting contemporary artists to explore the AFRO Archives, and supporting their research and artistic production. Artists work is...

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Afro Charities hosts a biennial artist commissioning project, inviting contemporary artists to explore the AFRO Archives, and supporting their research and artistic production. Artists work is ultimately shown in a public exhibition. Each artist will have 14 months to conduct original research in the AFRO News Archives, and to produce new artwork inspired by their findings. The artists will be provided with technical assistance and generous research, production and materials stipends to support their work.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,864,393
Program Service Revenue $66,598
Investment Income $18,460
Other Revenue $685
TOTAL REVENUE $3,950,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $553,093
Fundraising Expenses $65,974
Program Expenses $925,276
Other Expenses $561,975
TOTAL EXPENSES $1,115,068

Year-over-Year Comparison

2024 2023 Change
Revenue $3,950,136 $3,891,250 +0.0%
Expenses $1,115,068 $966,580 +0.2%
Net Income $2,835,068 $2,924,670 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
7
Employees
9
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$144,268
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAVANNAH WOOD EXECUTIVE DIRECTOR 60.00
Officer
$144,268 $0 $144,268
ROBERT MATTHEWS CHAIR 2.00
Officer Director
$0 $0 $0
RASHIDA BUMBRAY VICE CHAIR 2.00
Officer Director
$0 $0 $0
DANA COLE TREASURER 2.00
Officer Director
$0 $0 $0
CHANEL COMPTON JOHNSON SECRETARY 2.00
Officer Director
$0 $0 $0
OLUWATOSIN ADEGBOLA RICAHRD DIRECTOR 1.00
Director
$0 $0 $0
BEVERLY CARTER DIRECTOR 1.00
Director
$0 $0 $0
FRANCES MURPHY DRAPER DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY MOFFITT DIRECTOR 1.00
Director
$0 $0 $0
ROBIN WOOD DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,950,136 $1,115,068 $15,359,540 $2,835,068
2024 $3,891,250 $966,580 $6,934,481 $2,924,670
2023 $390,141 $445,837 $3,760,803 $-55,696
2022 $2,451,371 $258,195 $2,266,995 $2,193,176
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