World Memon Organization of North America

Analysis

World Memon Organization of North America is a registered charity in United States, based in Woodridge, IL. It received its IRS tax-exemption ruling in December 2013, 13 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, World Memon Organization of North America reported income of $159k and spending of $118k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $159k (-22%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Memon Organization of North America sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Adonai ($159k), Shelby County Youth Assistance Program Inc ($159k) and The Vine of Northeast Louisiana Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.