Madeem Ministries

Analysis

Madeem Ministries is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Madeem Ministries reported income of $50k and spending of $50k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $50k (-12%), an average of -12% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madeem Ministries sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Rhode Island Cte Trust on Career and Technical Education ($50k), National Humanitarian Fundraising for Myanmar Inc ($50k) and Trinity 1922 Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.