Al-Rahman Foundation Waqf

Analysis

Al-Rahman Foundation Waqf is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in April 2014, 12 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, Al-Rahman Foundation Waqf reported income of $303k and spending of $120k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $303k (+945%), an average of +80% a year. The sharpest change came in the year to December 2020, when income rose by 1428%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Al-Rahman Foundation Waqf sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Reflection Park Inc ($303k), Buddhist Social Services Center ($303k) and Church of Jesus Christ Intl Templo Bethel ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $11.2m against liabilities of $0, net assets of $11.2m.