Rafeeqee Foundation Inc

Analysis

Rafeeqee Foundation Inc is a registered charity in United States, based in Odenton, MD. It received its IRS tax-exemption ruling in January 2018, 8 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 June 2024, Rafeeqee Foundation Inc reported income of $122k and spending of $33k, leaving 73% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $101k to $122k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 17% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rafeeqee Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Prepare the Way Ministries International ($122k), Merced County Jail Ministry ($122k) and The Pool of Bethesda Christian Center ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $470, net assets of $16k.