Presbyterian Church of Ghana Adom Congregation

Analysis

Presbyterian Church of Ghana Adom Congregation is a registered charity in United States, based in Greenbelt, MD. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Church of Ghana Adom Congregation reported income of $480k and spending of $423k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $480k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Presbyterian Church of Ghana Adom Congregation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Love Inc of Mid Delmarva Inc ($480k), Inspiring Mankind Foundation ($480k) and Stillpoint Retreats Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). At year end it held assets of $1.7m against liabilities of $991k, net assets of $683k. It reported 1 employees.