Ameen People Inc

Analysis

Ameen People Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 1993, 33 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, Ameen People Inc reported income of $149k and spending of $67k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2020 to December 2023, income grew from $112k to $149k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ameen People Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Morning Star Urban Development Inc ($149k), Club Libertad Justicia Y Ley ($149k) and Hartford Yard Goats Charitable Foundation Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $524k against liabilities of $132k, net assets of $392k.