Rahmat-E-Alam Foundation

Analysis

Rahmat-E-Alam Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2017, 9 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, Rahmat-E-Alam Foundation reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rahmat-E-Alam Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include World Missions Today ($2.0m), Skylark Camps Inc ($2.0m) and St Elizabeth Child Care Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $711k (39% of expenses). Other salaries and wages came to $39k. At year end it held assets of $3.3m against liabilities of $7,041, net assets of $3.3m. It reported 63 employees.