The Guinea Heritage Association Ltd

Analysis

The Guinea Heritage Association Ltd is a registered charity in United States, based in Bena, VA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Guinea Heritage Association Ltd reported income of $101k and spending of $19k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $101k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Guinea Heritage Association Ltd sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Alliance for Quality Education ($101k), Students to Scholars ($101k) and Co Labs Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.