Ghulamaan-E-Abbas Foundation Inc

Analysis

Ghulamaan-E-Abbas Foundation Inc is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in January 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, Ghulamaan-E-Abbas Foundation Inc reported income of $122k and spending of $152k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $217k to $122k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ghulamaan-E-Abbas Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Mission850 ($122k), Centro Cristiano de Liberacion Y Restauracion LA Senda Inc ($122k) and South Pacific Christian Camps Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $557k against liabilities of $17k, net assets of $540k.