Guyanese Diaspora Charity

Analysis

Guyanese Diaspora Charity is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in July 2023, 3 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, Guyanese Diaspora Charity reported income of $751k and spending of $35k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $751k (+1170%), an average of +1170% a year. The sharpest change came in the year to December 2023, when income rose by 1170%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guyanese Diaspora Charity sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Red Hook Playgroup Inc ($751k), One House at a Time ($751k) and Meigs County Agricultural Society ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $710k against liabilities of $0, net assets of $710k.