Rahima Aziz Foundation Corp

Analysis

Rahima Aziz Foundation Corp is a registered charity in United States, based in West Seneca, NY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rahima Aziz Foundation Corp reported income of $452k and spending of $444k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $289k to $452k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rahima Aziz Foundation Corp sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include The Uscib Foundation Inc ($452k), Nonprofitgo Inc ($452k) and Friends of Lopez Island Pool ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $40k (9.1% of expenses). At year end it held assets of $26k against liabilities of $7,629, net assets of $18k.