Subhani Foundation

Analysis

Subhani Foundation is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in March 2010, 16 years ago. 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, Subhani Foundation reported income of $110k and spending of $108k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $110k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 354%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Subhani Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Corpus Christi Area Measurement Society Inc ($110k), New Life Foundation ($110k) and Boardman Booster Club Inc ($110k).

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 $6,370 against liabilities of $0, net assets of $6,370.