Gharoaa

Analysis

Gharoaa is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in March 2016, 10 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, Gharoaa reported income of $141k and spending of $136k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $141k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gharoaa sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Preservation Society of Ellicott Hill ($141k), Polk County Historical Society ($141k) and Mountain State Art & Craft Fair Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.