Yaqeen Endowment

Analysis

Yaqeen Endowment is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Yaqeen Endowment reported income of $2.6m and spending of $40k, leaving 98% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $370k to $2.6m (+610%), an average of +92% a year. The sharpest change came in the year to May 2021, when income rose by 625%. Over the whole period it spent 0.7% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Yaqeen Endowment sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Equality Federation Institute ($2.6m), Justice Assistance ($2.6m) and New Mexico Voices for Children ($2.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $32.5m against liabilities of $0, net assets of $32.5m.