Wesley Methodist Church of Ghana USA

Analysis

Wesley Methodist Church of Ghana USA is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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, Wesley Methodist Church of Ghana USA reported income of $235k and spending of $212k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $235k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wesley Methodist Church of Ghana USA sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($235k), Caleb International Ministries ($235k) and Achieving Dreams ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $902k against liabilities of $15k, net assets of $887k.