Amina Grace Memorial Fund

Analysis

Amina Grace Memorial Fund is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in October 2014, 12 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, Amina Grace Memorial Fund reported income of $577k and spending of $330k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $577k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amina Grace Memorial Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include St Sebastian Conference of St Vince NT de Paul Society Inc ($577k), Easton Area Neighborhood Centers Inc ($577k) and Whispering Manes Therapeutic Riding Center Inc ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $80k. At year end it held assets of $1.2m against liabilities of $1,803, net assets of $1.2m. It reported 1 employees.