Al-Amin Trust Fund

Analysis

Al-Amin Trust Fund is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 2016, 10 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-Amin Trust Fund reported income of $350k and spending of $385k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $980k to $350k (-64%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Al-Amin Trust Fund sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Redeemed Foundation ($350k), The Center of Rational Spirituality ($350k) and Howtolife Movement ($350k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $39k (10% of expenses). At year end it held assets of $547k against liabilities of $160k, net assets of $388k.