Alif Foundation

Analysis

Alif Foundation is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Alif Foundation reported income of $181k and spending of $326k, spending 180% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $208k to $181k (-13%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alif Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Fit-2-Serve Inc ($181k), Christian Cowboys Who Care Ministry Inc ($181k) and Kairos Christian Academy ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $101k against liabilities of $0, net assets of $101k.