Ghana National Council of Metropolitan Chicago

Analysis

Ghana National Council of Metropolitan Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ghana National Council of Metropolitan Chicago reported income of $164k and spending of $128k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $164k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ghana National Council of Metropolitan Chicago sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Heartbeat Foundation Corp ($164k), Silver Art Projects Inc ($164k) and United Way of Beaverhead County Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.