Memon Association of North America Inc

Analysis

Memon Association of North America Inc is a registered charity in United States, based in Williston Park, NY. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Memon Association of North America Inc reported income of $68k and spending of $67k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $68k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Memon Association of North America Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Vertical Adrenaline Motocross Ministries ($68k), Blood of Martyrs ($68k) and Society of St Vincent de Paul Pax Christi Conference ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.