Sankofa Safe Child Initiative Inc

Analysis

Sankofa Safe Child Initiative Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Sankofa Safe Child Initiative Inc reported income of $524k and spending of $433k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $302k to $524k (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 90%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sankofa Safe Child Initiative Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Ace Overcomers of Merced County ($524k), Statewide Independent Living Council of Georgia Inc ($524k) and The Foundation of Cancer Specialist Inc ($524k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $189k. At year end it held assets of $331k against liabilities of $126k, net assets of $205k. It reported 8 employees.