Sahaba Foundation Waqf Inc

Analysis

Sahaba Foundation Waqf Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Sahaba Foundation Waqf Inc reported income of $80k and spending of $37k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $283k to $80k (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 19% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sahaba Foundation Waqf Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Joppa House Inc ($80k), Rahab Refuge Ministries Inc ($80k) and Devotees of Our Lady of the Rosary of Manaoag NJ ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. At year end it held assets of $726k against liabilities of $198k, net assets of $528k.