Ghanian Mothers Hope Inc

Analysis

Ghanian Mothers Hope Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Ghanian Mothers Hope Inc reported income of $72k and spending of $79k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $69k to $72k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to September 2021, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ghanian Mothers Hope Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Hasna Inc ($72k), Living Real Inc ($73k) and Serbian National Defense Council of America ($72k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,599 (7.1% of expenses). At year end it held assets of $24k against liabilities of $18k, net assets of $6,484. It reported 1 employees.