Salaam Club Foundation

Analysis

Salaam Club Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Salaam Club Foundation reported income of $119k and spending of $62k, leaving 48% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $111k to $119k (+7.0%), an average of +7.0% a year. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salaam Club Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include South Mountain Lodge Bnai Brith SEN Ior Citizen Building Corp ($119k), Livonia Goodfellows Inc ($119k) and Rockaway Food Closet Inc ($119k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.