Akatakyie USA Inc

Analysis

Akatakyie USA Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Akatakyie USA Inc reported income of $93k and spending of $87k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $93k (-25%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Akatakyie USA Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Higher Academia Corporation ($93k), Arquitectos Inc ($93k) and Society for Institutional and Organizational Economics ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.