Fihankra Akoma Ntoaso Fan

Analysis

Fihankra Akoma Ntoaso Fan is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fihankra Akoma Ntoaso Fan reported income of $415k and spending of $536k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $323k to $415k (+28%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fihankra Akoma Ntoaso Fan sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Visions of Faith Ministries Inc ($415k), National Society United States Daughters of 1812 ($415k) and Delivering Change Inc ($415k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $97k (18% of expenses). Other salaries and wages came to $147k. It paid $4,828 in professional fundraising fees. At year end it held assets of $181k against liabilities of $62k, net assets of $119k. It reported 6 employees.