Ihsan Foundation for West Africa

Analysis

Ihsan Foundation for West Africa is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ihsan Foundation for West Africa reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $739k to $1.5m (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ihsan Foundation for West Africa sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Center for Civic and Public Policy Improvement ($1.5m), Kwong Kow Chinese School ($1.5m) and Hope Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $99k (6.3% of expenses). Other salaries and wages came to $83k. At year end it held assets of $90k against liabilities of $0, net assets of $90k. It reported 3 employees.