ACELI AFRICA INC

Washington, DC, US
501(c)3
EIN
84-3344516
Washington, DC, US
501(c)3
EIN
84-3344516

Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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ACELI AFRICA INC is a nonprofit organization dedicated to international development and food security, with a mission to incentivize incremental lending to small and medium-sized enterprises (SMEs) in underserved market segments. With an operating budget of $13.4 million and total revenue of $17.3 million in the 2024 filing year, the organization is supported by a diverse range of funders, none of which provide more than 50% of its revenue. For more information, visit their website at ACELIAFRICA.ORG.

Mission Statement

ACELI INCENTIVISES INCREMENTAL LENDING TO SMES TO THE LEAST SERVED MARKET SEGMENTS.
Revenues

$17.3M

Expenses

$15.2M

Net Income:
+$2.1M
Assets

$18.2M

Liabilities

$14.3M

Net Assets:
+$3.9M
Operating Budget

$13.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$750K
Largest grant received
$12.7M
G
Gretchen Phillips
Board Member
T
Titianne Donde
Board Member
S
Sewit Ahderom
Board Member

Frequently Asked Questions

What is ACELI AFRICA INC’s budget?
In 2024, ACELI AFRICA INC reported an annual operating budget of around $13.4 million. More detailed financial information is available to registered users.
What causes does ACELI AFRICA INC support?
ACELI AFRICA INC supports work in Food security and International development.
Where does ACELI AFRICA INC operate?
ACELI AFRICA INC is headquartered in Washington, DC.
Who funded ACELI AFRICA INC recently?
In 2024, ACELI AFRICA INC received grants from THE GLOBAL DEVELOPMENT INCUBATOR INC, BILL & MELINDA GATES FOUNDATION, and MULAGO FOUNDATION C/O ARNHOLD LLC. More information on this organization’s funders is available to registered users.
What is the largest grant ACELI AFRICA INC received in 2024?
The largest grant to ACELI AFRICA INC in 2024 exceeds $12.7 million.
What is ACELI AFRICA INC’s reliance on government grants?
ACELI AFRICA INC relied on government grants for more than 15% of their total revenue in 2024.
Overview
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