Iman Jasim Foundation

Analysis

Iman Jasim Foundation is a registered charity in United States, based in Dearborn HTS, MI. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iman Jasim Foundation reported income of $392k and spending of $380k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $528k to $392k (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 62% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Iman Jasim Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Help Aid Africa ($392k), American Friends of Tenufa Bakehila Inc ($393k) and Hong Kong Schools Alumni Federation Scholarship Foundation ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $610k against liabilities of $0, net assets of $610k.