Ghana Ministries Inc

Analysis

Ghana Ministries Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Ghana Ministries Inc reported income of $592k and spending of $544k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $351k to $592k (+69%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ghana Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Richland County Childrens Auxiliary ($592k), Neediest Kids of All ($593k) and Lutheran Volunteer Corps ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $67k against liabilities of $0, net assets of $67k.