Maaser Fund Corp

Analysis

Maaser Fund Corp is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in May 2019, 7 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, Maaser Fund Corp reported income of $311k and spending of $279k, spending 90% of its income. The sharpest change came in the year to December 2023, when income rose by 277%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maaser Fund Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Architects of Hope Inc ($311k), Northern California Dr Martin Luther King Jr Community Foundatio ($311k) and Greene County Pregnancy Care Center Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.