Al-Madina Foundation Inc

Analysis

Al-Madina Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in February 2010, 16 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 2022, Al-Madina Foundation Inc reported income of $859k and spending of $411k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $915k to $859k (-6.2%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Al-Madina Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Darbar Shri Guru Granth Sahib Ji ($858k), Todd Fields Ministries Inc Worship Circle Ministries Inc March 2023 ($859k) and Light of the Gospel Ministries ($857k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $519k against liabilities of $0, net assets of $519k.