Maghrib Association of North America

Analysis

Maghrib Association of North America is a registered charity in United States, based in Villa Park, IL. It received its IRS tax-exemption ruling in January 2024, 2 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, Maghrib Association of North America reported income of $126k and spending of $112k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $126k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maghrib Association of North America sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Brighton Legacy Foundation ($126k), Dawson Community Food Bank Inc ($126k) and Vietnamese Evangelical Missionary Fellowship ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.