Ahlulbait Foundation Inc

Analysis

Ahlulbait Foundation Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in September 2003, 23 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, Ahlulbait Foundation Inc reported income of $472k and spending of $541k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $472k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ahlulbait Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Christian African Leadership Ministries ($472k), LTT Retreat and Education Center ($472k) and Break-Away Ministries Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $55k (10% of expenses). Other salaries and wages came to $375k. At year end it held assets of $583k against liabilities of $81k, net assets of $503k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.