Shafeek Nader Trust for the Community Interest Inc

Analysis

Shafeek Nader Trust for the Community Interest Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, Shafeek Nader Trust for the Community Interest Inc reported income of $50k and spending of $60k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $50k (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shafeek Nader Trust for the Community Interest Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 10th percentile within DC. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($50k), Warrior Outreach Inc ($50k) and PTA California Congress of Parents Teachers & Students Inc ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $857k against liabilities of $0, net assets of $857k.