Sankofa Village

Analysis

Sankofa Village is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sankofa Village reported income of $155k and spending of $103k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $155k (+1329%), an average of +1328% a year. The sharpest change came in the year to December 2023, when income rose by 1329%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sankofa Village sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Highway Sanctuary ($155k), Tulare County Encore Theatre Company ($155k) and The Stanly County Historical Society Incorporated ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.