Al-Maauun

Analysis

Al-Maauun is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 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 (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, Al-Maauun reported income of $3.0m and spending of $2.3m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.7m to $3.0m (+11%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Al-Maauun sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Meridian Food Bank Inc ($3.0m), Healthy Kids Inc ($3.0m) and Project Success of Vermilion County Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $126k (5.5% of expenses). Other salaries and wages came to $833k. It paid $44k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $124k, net assets of $1.7m. It reported 53 employees.